Independent Power and Renewable Electricity Producers
Company Overview of Energy Future Holdings Corp.
Energy Future Holdings Corp., through its subsidiaries, engages in competitive and regulated energy businesses in Texas. The company operates in two segments, Competitive Electric and Regulated Delivery. The Competitive Electric segment engages in electricity generation, wholesale energy sales and purchases, commodity risk management and trading activities, and retail electricity sales to residential and business customers. This segment owns or leases lignite/coal, nuclear, and natural gas-fueled generation facilities with a capacity of 13,772 megawatts; and purchases wind-generated electricity, as well as provides electricity and related services to approximately 1.7 million retail electric...
1601 Bryan Street
Dallas, TX 75201
Founded in 1882
Key Executives for Energy Future Holdings Corp.
Chief Executive Officer, President, Chief Restructuring Officer and Chief Accounting Officer
Executive Chairman, Chairman of Organization & Compensation Committee and Chairman of Executive Committee
Chief Financial Officer, Executive Vice President and Treasurer
Executive Vice President, General Counsel and Secretary
Compensation as of Fiscal Year 2016.
Energy Future Holdings Corp. Key Developments
Energy Future Holdings Corp. Announces Management Changes
Oct 4 16
Energy Future Holdings Corp. announced that all of the existing officers of company were removed as officers and the following officers were appointed Paul M. Keglevic as Chief Executive Officer, President, Chief Restructuring Officer and Chief Accounting Officer, Anthony Horton as Executive Vice President, Chief Financial Officer and Treasurer and Andrew M. Wright as Executive Vice President, General Counsel and Secretary. Paul M. Keglevic, 62, has served as Chief Executive Officer, President, Chief Restructuring Officer and Chief Accounting Officer of EFH Corp. since the Effective Date. Prior to the Effective Date, Mr. Keglevic served as Executive Vice President, Chief Financial Officer and Co-Chief Restructuring Officer of EFH Corp. since October 2013, having previously served as Executive Vice President and Chief Financial Officer of EFH Corp. from July 2008 to October 2013. Mr. Keglevic has also served as a member of the boards of EFIH since July 2008 and EFIH Finance Inc. since September 2009. Before joining EFH Corp., he was an audit partner at PricewaterhouseCoopers. Mr. Keglevic was PricewaterhouseCoopers’ Utility Sector Leader from 2002 to 2008 and Clients and Sector Assurance Leader from 2007 to 2008. Mr. Keglevic serves on the board of directors of Stellus Capital Investment Corporation. Anthony R. Horton, 55, has served as the Executive Vice President, Chief Financial Officer and Treasurer of EFH Corp. since the Effective Date. Prior to the Effective Date, Mr. Horton served as Senior Vice President and Treasurer of EFH Corp. since 2004. Andrew M. Wright, 49, has served as the Executive Vice President, General Counsel and Secretary of EFH Corp. since the Effective Date. Prior to the Effective Date, Mr. Wright served as Vice President and Deputy General Counsel of EFH Corp. since April 2012.
Fourth Amended Joint Reorganization Plan and Disclosure Statement Filed by Energy Future Holdings Corp.
Sep 21 16
Energy Future Holdings Corp. filed a joint fourth amended plan of reorganization and related disclosure statement as it applies to the EFH debtors and EFIH debtors in the US Bankruptcy Court on September 21, 2016. As per the plan, the debtor has amended the terms for the sale of substantially all its assets to NextEra Energy, Inc. As per the amended terms of the sale, the purchase price has been increased from $18.4 million to $18.7 million. There shall be no other changes in the treatment of any other claim class.
First Amended DIP Financing Approved for EFIH Debors of Energy Future Holdings Corp.
Sep 20 16
The US Bankruptcy Court gave an amended order to Energy Future Holdings Corp. to obtain DIP financing on September 20, 2016. As per the amended order, the commitment under the facility has been increased by $75 million and the DIP maturity date has been modified from December 19, 2016 to June 30, 2017.
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