Energy Future Holdings chooses Hunt Consolidated plan
Energy Future Holdings has selected a proposal from a Hunt Consolidated Inc.-led consortium which will allow EFH and its subsidiaries to emerge from bankruptcy. The consortium includes Hunt, Anchorage Capital Group, Arrowgrass Capital Partners, Avenue Capital Group, BlackRock, Centerbridge Partners, GSO, and the Teacher Retirement System of Texas. If approved by the bankruptcy court and regulators, Hunt will assume operational control of EFH's regulated transmission and distribution company, Oncor Electric Delivery. Energy Future Holdings, the former TXU Corp., filed for bankruptcy protection in 2014.
10 August 2015•6 mins read
