The Texas Public Utility Commission approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric after staff proposed ring-fencing measures.

Faced with a deadline to rule on J.P. Morgan’s $4.3 billion purchase of El Paso Electric, the Texas PUC will take the matter up during its next meetings.

El Paso Electric and the investment funds seeking to buy the utility have reached a settlement with most of the parties, they told the Texas PUC.

Texas' PUC denied El Paso’s request for an extension of settlement negotiations, maintaining the agreement deadline in the acquisition of El Paso Electric.

Beth Garza is stepping down as director of ERCOT’s Independent Market Monitor under pressure from the Texas Public Utility Commission.

Storage industry and assorted regulators, financiers, and utility and RTO representatives gathered for the GreenTech Media Energy Storage Summit 2019.

The Texas PUC’s hearing on a $4.3 billion private equity bid for El Paso Electric has been postponed to allow time for the parties to reach a settlement.

Regulators granted a request by staff and Texas Industrial Energy Consumers for a list of investors behind the $4.3 billion acquisition of El Paso Electric.

The landmark law that deregulated ERCOT’s market and paved the way for electric competition provided the theme for this year’s GCPA fall conference.

ERCOT CEO Bill Magness and Texas PUC Chair DeAnn Walker will attend NERC’s Board of Trustees meeting to discuss the grid operator’s slender reserve margins.