NextEra Energy
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.
This week's company briefs include news on Duke Energy, AEP Texas, NextEra Energy, Alliant Energy, Xcel Energy and others.
The NextEra Energy (NYSE:NEE) bid to acquire Oncor may have to navigate some choppy waters with the Public Utilities Commission of Texas (PUCT).
The second quarter wasn’t a great one for most companies in the RTO Insider Top 30, as revenues declined 2% compared with 2015 while profits dropped 15%.
The PJM Market Implementation Committee discussed rules for releasing excess capacity, a plan to “un-nest” operating parameters and spot-in transmission from NYISO.
NextEra has agreed to buy Energy Future Holdings’ Oncor assets in a deal that values the Texas transmission and delivery subsidiary at $18.4 billion.
Interest in bankrupt Energy Future Holdings’ Texas transmission and delivery subsidiary Oncor continues to grow, even as the troubled company struggles.
NextEra is said to have offered Energy Future Holdings a combination of cash and debt for its Oncor subsidiary, according to Bloomberg.
PSEG and NextEra petitioned FERC to block New England states’ efforts to have electric ratepayers underwrite the cost of expanded natural gas pipelines.
Hunt Consolidated renewed its bid for Texas utility Oncor with a lawsuit alleging errors by the Texas PUC in an order on the deal.
Want more? Advanced Search