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

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.

ERCOT CEO Bill Magness briefed the Texas Public Utility Commission on his organization’s response to the intense August heat.

The PUCT granted ERCOT and SPP a 5-week extension before reporting back on how they'll study Lubbock Power & Light’s move to ERCOT.