Skip Navigation

What’s Next For Oncor, Texas’ Largest Power Utility, After Failed $18 Billion Bid?

Local Audio Posts 7

It’s now up to a bankruptcy court in Delaware to decide what becomes of Oncor. The judge in the case wants to sell the Dallas-based electric delivery company to pay off creditors of its parent company Energy Future Holdings. The Public Utility Commission last week rejected an $18 billion offer from NextEra Energy, but that part of the story isn’t over.