Independent Power and Renewable Electricity Producers
Company Overview of Energy Future Holdings Corp.
Energy Future Holdings Corp., through its subsidiaries, is engaged in energy businesses in Texas. The company operates in two segments, Competitive Electric and Regulated Delivery. The Competitive Electric segment is engaged in electricity generation, wholesale energy sales and purchases, commodity risk management and trading activities, and retail electricity sales to residential and business customers. This segment owns or leases lignite/coal, nuclear, and natural gas-fueled generation facilities with a capacity of 15,427 megawatts; and purchases wind electricity, as well as provides electricity and related services to approximately 1.75 million retail electricity customers. The Regulated ...
1601 Bryan Street
Dallas, TX 75201
Founded in 1882
Key Executives for Energy Future Holdings Corp.
Compensation as of Fiscal Year 2014.
Energy Future Holdings Corp. Key Developments
Energy Future Holdings Will Soon Auction Its Majority Stake In Oncor
Sep 16 14
Energy Future Holdings Corp. will soon present plans to auction its majority stake in its Oncor Electric Delivery Holdings Company, LLC. Edward Sassower of Kirkland & Ellis, who represents Energy Future, told a U.S. bankruptcy judge on September 16, 2014 that Energy Future will seek approval for the auction plan at a hearing on October 17, 2014, suggesting the proposal could be filed next week. "As you are aware, we're in the midst of a bidding war," said Sassower, "We've been working diligently to maintain that momentum by nurturing bids and attracting new bids. Market conditions are favorable and we want to lock in that value."
Dynegy Eyes Energy Future
Sep 2 14
Dynegy Inc. (NYSE:DYN) plans to acquire Energy Future Holdings Corp. Energy Future is going through bankruptcy and could eventually be an acquisition target. "That's probably one of the next major portfolios that's potentially available on the marketplace as they go through their bankruptcy process," Robert Flexon, President and Chief Executive Officer of Dynegy, said.
NextEra Energy Likely The Stalking Horse Bidder For Energy Future Holdings
Aug 26 14
NextEra Energy, Inc. (NYSE:NEE) has withdrawn its proposal to purchase the portion of Energy Future Holdings Corp. (EFH), according to a court filing. NextEra Energy will become the stalking horse bidder in an auction which is likely to be held in 2015, according to the filings. EFH said in its filing that the delay in its auction is based on extensive consultations with potential bidders and key creditor constituencies.
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April 29, 2014