Energy Future Proposes Opening Salvo as KKR, TPG Seek 15% Stake

Energy Future Proposes Opening Salvo as KKR, TPG Seek 15% Stake

Mario Villafuerte/Bloomberg

Transmission lines lead away from the Energy Future Holdings Corp. Martin Lake plant in Tatum, Texas. Energy Future faces a “material restructuring” within six to 12 months, Moody’s said in a March 26 note.