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Mergers & Acquisitions (M&A)

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Updated: Vistra-Dynegy Merger Will Require "Modest" Mitigation In ERCOT

Touts Lower Costs To Serve Retail Customers Than Competitors Earlier: Parent Of TXU Announces Deal To Combine With Dynegy Combined Generation Portfolio Will Serve To Accelerate Growth of Retail Business

During an analyst call on the announcement, in response to a question regarding any market power issues resulting from the merger, Vistra Energy President and Chief Executive Officer Curt Morgan said, "We will need to do some modest mitigation, roughly around 900 MW in ERCOT."

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Texas PUC's Anderson Raises Concerns Regarding Sempra Debt, Credit Ratings, In Oncor Transaction

Asks How Oncor Will Be "Insulated" From Attempts By Calif. Lawmakers To Influence Oncor Policies, Practices

Texas PUC Commissioner Kenneth Anderson issued a memo in advance of today's open meeting concerning Sempra Energy's proposed acquisition of Oncor which outlines several concerns regarding Sempra's debt and credit ratings, which Anderson said should be addressed as the Commission adjudicates the…

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Texas PUC Approves Oncor Acquisition Of Sharyland Distribution Assets & Customers, System-Wide Tariff For Combined Service Area

REPs Required To Pass-Through TDU Savings To Ex-Sharyland Customers

The Public Utility Commission of Texas today adopted final orders which approve an asset swap among Oncor and Sharyland Utilities that will see the Sharyland Utilities distribution assets (and retail customers) become part of Oncor, and under which a system-wide tariff will apply at Oncor, including…

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Parent of Retail Supplier Announces End of "Go-Shop" Period

Calpine Corporation announced the expiration of the 45-day "go-shop" period pursuant to the terms of the previously announced definitive agreement under which Energy Capital Partners (ECP) along with a consortium of investors led by Access Industries and Canada Pension Plan Investment Board will…

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New Texas PUC Chair Questions Whether It Is Appropriate For Oncor Customers To Fund AMI Deployment At Sharyland, Post-Acquisition

Asks If Only Former Sharyland Customers Should Pay For Sharyland AMI (Such A Policy Would Introduce Non-Uniform TDU Rates)

In a memo concerning a stipulation and proposed order governing Oncor's proposed acquisition of Sharyland Utilities, DeAnn Walker, the new chair of the Public Utility Commission of Texas, stated that she has questions whether current Oncor customers should be required to pay for the deployment of…

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New Texas PUC Chair Has Questions Regarding PUC's Ability To Require REPs To Pass-Through Oncor TDU Rate Savings To Transitioned Sharyland Customers

Requests Retail Provider Representatives Appear Today To Discuss

In a memo concerning a stipulation and proposed order governing Oncor's proposed acquisition of Sharyland Utilities, DeAnn Walker, the new chair of the Public Utility Commission of Texas, stated that she had "questions" concerning the PUCT's ability to issue a requirement that retail electric…

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Texas PUC Docket Management Director Requests Parties Clarify Provisions Of Proposed Mandate That REPs Pass-Through, To Customers, TDU Rate Savings From Sharyland Switch To Oncor Rates

The Texas PUC's Director of Docket Management has requested that parties clarify two issues related to language, proposed to be part of an order approving Oncor's acquisition of Sharyland Utilities, that is intended to ensure that Oncor's rates are passed through to customers served by Sharyland…

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Mergers & Acquisitions (M&A) News (Page 39) | EnergyChoiceMatters.com