At least for now, Dallas-based electricity and transmission giant Energy Future Holdings, the former TXU, is paying off its debts. Technically, it's completely insolvent, but that hasn't stopped the Wall Street firms who purchased the company in the biggest leveraged buyout in history from extractin ... More >>
Market seers think Dallas-based Energy Future Holdings, which owns the state's biggest power generating assets, might be engaging in a little prebankruptcy housekeeping. The latest sign? It's repayment of an inter-company loan.
Energy Future isn't a single, vertically integrated giant like it was w ... More >>
Citizen Mike Rawlings has put his Mayor cape back on and will host local, federal, state and Dallas ISD officials at a news conference Friday morning. The event, at 9:30 a.m. at Yvonne A. Ewell Townview Magnet Center, is geared toward providing new strategies for Dallas ISD to "increase regional coo ... More >>
Sierra Club on Tuesday sued Dallas-based Energy Future Holdings, the state's largest unregulated generator of electricity, accusing the company's Big Brown coal-fired plant near Fairfield of thousands of violations of Clean Air Act standards.
The environmental group gave the company an ultimatum l ... More >>
Oncor, the transmission company that runs power lines and electricity meters, is just about the only good thing Dallas-based Energy Future Holdings has going for it. Energy Future's generation arm, Luminant, the largest unregulated power generator in Texas, has seen its coal-fired power plants preci ... More >>
A major credit-rating agency is expressing grave doubts about the ability of the state's largest nonregulated power generator to pay off its debt.
Energy Future Holdings, the Dallas-based parent company of power generator Luminant, transmission company Oncor and retail electricity provider TXU Ener ... More >>
Warren Buffett, the inimitable Jesus of Investing, got it wrong, he admits. Investing in the highly leveraged buyout of Texas utility TXU by Kohlberg Kravis Roberts and Goldman Sachs was a bad bet, plain and simple, he told his shareholders in a letter Saturday. And if things at the former TXU (now ... More >>
Energy Future Holdings' end-o'-year popped up on the U.S. Securities and Exchange Commission's website late Tuesday, and, boy, is it ugly. Now, why should you care? Because Energy Future is the parent company of Luminant, Texas's biggest generator of electricity. And TXU Energy, a huge retail suppli ... More >>
Archway PicturesSpeaking of the Texxas Jam, as we're known to do from time to time, while researching yesterday's Fleetwood Mac attack at the Cotton Bowl in '78 I stumbled across an Internet Movie Database entry for something called Texxas Jam '78, which promises to be "the first real look at an ... More >>
According to the Securities and Exchange Commission, Christopher Love Blackwell was -- and remains -- a very good salesman. He told would-be investors he had master's degrees and a PhD from a "prestigious university in Spain." He told them he was a veteran trader. He said he's worked at both Gold ... More >>
Just rode up to the briefing room with Tennell Atkins, who -- and I'll try not to take it personally -- seemed awful anxious for those elevator doors to open on five, and we're shooting the breeze in the gallery as the rest of the Economic Development Committee trickles in -- Natinsky another of ... More >>
The U.K. papers say that today's the day Tom Hicks and Liverpool FC co-owner George Gillett will announce that, yes, they've asked hired Barclays Capital to find a buyer for their soccer team -- that's been the story ever since Sunday. And as we noted only yesterday, the Royal Bank of Scotland, t ... More >>
It's doubtful you've ever heard of Border Media Partners: It's a miniature radio conglomerate founded in 2002 in McAllen but now HQ'd in the same shiny N. Central Expressway office tower as Richards Group, and it owns and operate more than two dozen Hispanic-centric stations from Waco down to Austin ... More >>
Patrick MichelsHe is the man behind VeeV, the world's first Acai spirit, a product just hitting the Dallas market.While one can argue the health benefits of acai berries after they've been distilled into alcohol and bottled, Reum's marketing skill goes without question. They've developed a sustainab ... More >>