With the acquisition of Oncor, NextEra Energy can extend its regulated operations in Texas. NextEra Energy made an offer in the middle of last year to buy Oncor Electric that valued the company at $17.5 billion. This made Energy Future Holdings, the parent of Oncor, scrap the restructuring plan and hold an auction to find the right buyer. As Oncor is now available for potential buyers, NextEra Energy may chase it again.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.