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- DALLAS (AP) — Energy Future Holdings is filing for a bankruptcy reorganization after reaching a deal with some key financial stakeholders to keep its businesses operating while reducing its roughly $40 billion in debt. The company owns TXU Energy, a retail electricity provider, and Luminant, the largest power generator in Texas.
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Mar 8, 2018 · Hit by a collapse in natural gas prices, Energy Future was forced to sell Oncor, one of the most sought-after U.S. utilities, as it worked to restructure almost $50 billion in debt.
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The buyout, which left Dallas-based Energy Future with a debt of more than $40 billion, was a gamble that natural gas prices would rise and give its coal-fired plants a competitive advantage. Instead, natural gas prices fell sharply.
May 1, 2016 · WILMINGTON, Del, May 1 (Reuters) - Energy Future Holdings Corp, the largest power company in Texas, marked the two-year anniversary of its $42 billion bankruptcy by essentially hitting the...
Apr 29, 2014 · DALLAS (AP) — Energy Future Holdings is filing for a bankruptcy reorganization after reaching a deal with some key financial stakeholders to keep its businesses operating while reducing its roughly $40 billion in debt.
Nov 24, 2015 · Nov 24 (Reuters) - Texas's biggest power company, Energy Future Holdings Corp, has reached a settlement with the last group of creditors opposed to its Chapter 11 bankruptcy plan, increasing...
Apr 29, 2014 · (Reuters) - Energy Future Holdings filed for Chapter 11 protection on Tuesday, seven years after it was taken private in the largest-ever leveraged buyout.
Feb 14, 2017 · Energy Future Holdings Corp outlined on Tuesday a deal that resolved the biggest disputes hanging over the company as it opened a trial to confirm its plan to exit bankruptcy and be acquired...
