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 >>
Texas electricity regulators voted today to raise the price cap on wholesale electricity from $3,000 to $4,500 per megawatt hour -- the equivalent of powering roughly 330 homes for one hour -- by Aug. 1. It's only June and already the electrical grid is being tested by record peak demand, prompting ... 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 >>
Sam MertenCraig WatkinsDallas County District Attorney Craig Watkins outraised Republican challenger Danny Clancy by more than $50,000 during the latest three-month fund-raising period, while Clancy outspent his Democratic counterpart by more than $20,000, according to campaign finance report ... More >>