We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

EFH Ch. 11 Sale To Face Texas Regulators Unopposed

Law360 (February 2, 2018, 8:42 PM EST) -- The $9.5 billion deal at the center of Energy Future Holdings Corp.’s proposed Chapter 11 exit is expected to face Texas utility regulators unopposed later this month after the lone holdout agreed to support Sempra Energy’s plan to buy EFH’s nondebtor electricity transmission unit, the companies said Friday.

In a joint statement from Sempra and EFH’s nondebtor unit Oncor Electric Delivery Co. LLC, a group called the Texas Legal Services Center dropped its opposition to the deal and joined a settlement among a number of Lone...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.