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Breaking down Hunt's $19B bid for Oncor - REITs, ratepayers and the power grid

2015-08-25 02:38:32| Oil & Gas - Topix.net

My cover story in this week's print edition examines a plan put forth by Dallas-based power company Energy Future Holdings to escape bankruptcy by selling its electric transmission company Oncor to a consortium led by billionaire Ray L. Hunt and Hunt's companies. The Hunt consortium plan calls for placing Oncor into a real estate investment trust - an unusual corporate structure for a utility, and especially one as big as Oncor.

Tags: the power bid breaking

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