April 6, 2011
Switching Process for Sold Milagro Customers Begins As Deal Restructured
Updated 11:00 EST with info from Open Meeting, see last two grafs
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Docket 37753
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April 1, 2011
Milagro Power Enters Executed Agreement for Sale of Assets
Milagro Power Company (TexRep3, LLC) informed the PUCT yesterday that it has entered into an executed agreement with an undisclosed buyer for the sale of several Milagro assets, including the customer book (Docket 37753 et. al.).
March 14, 2011
PUCT Intends to Revoke Milagro REP Certificate, Provides Time for Sale of Customer Book
The PUCT intends to revoke the REP certificate of Milagro Power (TexRep3 LLC), but withheld final action until its next open meeting on March 24 to permit time for a potential sale of Milagro's book, and to avoid transferring customers to POLR (37753 et. al.).
February 9, 2011
Proposed Texas Order Would Revoke Milagro Power Company REP Certificate
A proposed order from a Texas ALJ would grant PUCT Staff's petition to revoke the REP certificate of Milagro Power Company (Dockets 37753 & 38138).