NextEra Energy Inc. and a group of Energy Future Holdings Corp. creditors revised a restructuring proposal that would give the Florida utility control of Energy Future’s profitable Oncor unit.
The new offer would increase the valuation of Oncor by $500 million, NextEra and investors holding second-lien notes issued by Oncor’s parent company said yesterday in a filing in U.S. Bankruptcy Court in Wilmington, Delaware.
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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.