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The Texas PUC concluded four days of hearings on NextEra Energy’s proposed $18.7 billion Oncor acquisition on Friday after hearing from both CEOs.
NextEra Energy's bid to win PUCT approval of its Oncor acquisition will be no slam dunk if the first two days of hearings are any indication.
NextEra Energy has won FERC approval to acquire Oncor, but is still facing questions from the PUCT and calls for more protections from stakeholders.
Energy Future Holdings' attempt to emerge from bankruptcy may be hampered by a ruling that it must pay hundreds of millions of dollars to bondholders.
NextEra Energy (NYSE:NEE) sought to assure the PUCT that they won’t be constrained in their review of the company’s agreement to purchase Oncor.
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