Warren Buffett, Edison International and others are interested in buying Texas’ largest power transmission company, according to Bloomberg and Reuters reports.
Buffett’s Berkshire Hathaway, California-based Edison and Fidelity Investments have joined Florida-based NextEra Energy in pursuing bids to purchase Oncor, which is owned by the bankrupt parent company, Dallas-based Energy Future Holdings.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.