May 18 — To little surprise, the Public Utility Commission (PUC) of Texas recently rejected the acquisition bid NextEra Energy made for Oncor, a company that transmits power to about 3.4 million Texans. The PUC indicated well ahead of time that it would reject the deal. NextEra knew what concessions it would need to make to have the deal approved. But NextEra stood firm.

Original article by: Shawn McCoy

— Via Palm Beach Post