I am pleased to inform you that Luminant and TXU Energy have emerged from the Chapter 11 process as a standalone company. Oncor’s emergence from bankruptcy is proceeding on a separate timetable. I want to emphasize at the outset: our emergence from this process would not have been possible without the support of all of […]
Restructuring Update: Emergence on Track with Final Regulatory Approval
09.27.2016 On September 27, 2016, the Railroad Commission of Texas approved Luminant’s application for a collateral bond securing its mine reclamation obligations. This important milestone marks the final regulatory approval needed for TCEH to emerge from the restructuring process. We are confident that emergence will occur very soon, perhaps as soon as Monday, Oct. 3. […]
