Energy Future Holdings
Hunt Consolidated has reached an agreement to buy the Texas electric utility Oncor in a bid to resolve the $46 billion bankruptcy and breakup of power giant Energy Future Holdings.
The parent company for TXU Energy and Oncor has filed for Chapter 11 bankruptcy protection, the company announced on Tuesday.
Energy Future Holdings is still not ready to file its already delayed annual report, the company said in a filing Tuesday with the federal Securities and Exchange Commission.
The Justice Department has filed a clean-air lawsuit against Dallas-based Luminant Generation over pollution from two coal-fired East Texas power plants.
A Dallas-based power company says it is considering filing for Chapter 11 bankruptcy to restructure $32 billion in debt.
The major electric power provider for much of North and West Texas says it is considering closing or reducing operations at some of its coal-fired plants to meet new federal clean-air rules.
As temperatures eclipse the century mark, several area energy companies want to ensure that North Texas residents have working air conditioners. They may even pay to have it inspected.