The U.S. judge overseeing the Energy Future Holdings Corp bankruptcy will announce on Thursday morning whether he will approve a Chapter 11 exit plan for the company, Texas’s biggest power company, the judge said on Wednesday.
“I will read it into the record. It will take a little time, so wear something comfortable,” said U.S. Bankruptcy Judge Christopher Sontchi at the end of five hours of closing arguments.
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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.