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ERCOT Region

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Texas Regulatory Commitment From Avangrid Would Require Utility Texas-New Mexico Power To Maintain Separate Name/Logo, But Would Allow Avangrid Name And Logo To Be, "Added For Branding Purposes"

TNMP Proposes Customer Rate Credit Provided Through Retail Providers Under Merger Application

Texas-New Mexico Power Company (TNMP or the Company) and Avangrid, Inc. have filed at the Public Utility Commission of Texas for approval of the previously reported merger of Avangrid and PNM Resources, the ultimate parent of TNMP (see background on the merger here)

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Texas PUC Staff: SWEPCO's Retail Choice Pilot Project Remains "Open"; But Active Participation Only Appropriate As Part Of Staged Evaluation Of Transition To Competition

Staff of the Public Utility Commission of Texas said in a brief today that while a 20-year old electric choice pilot program at the Southwestern Electric Power Company (SWEPCO) remains "open," active participation by customers in the program is only appropriate under statute if the Commission finds…

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NRG Sets Aside Capital For Future Small Retail Book Acquisitions

NRG Provides Update On Financing For Direct Energy Acquisition NRG Expects To Undertake Further Non-Core Asset Sales, Expects To Realize At Least $250 Million Net Proceeds

In reporting third quarter 2020 earnings today, NRG Energy provided an update concerning the financing of its previously reported agreement to acquire Direct Energy, which is pending final regulatory approval from FERC, with the updated financing plan no longer requiring new equity issuance

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ERCOT Region Retail Energy News (Page 113) | EnergyChoiceMatters.com