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Restructuring

Information About Our Financial Restructuring

In order to create a sustainable capital structure to better support our high-performing operations, Energy Future Holdings commenced a reorganization under Chapter 11 of the U.S. Bankruptcy Code on April 29, 2014. On December 3, 2015, the United States Bankruptcy Court for the District of Delaware confirmed the company’s plan of reorganization. The plan contemplates a tax-free spin of the company’s competitive businesses, including Luminant and TXU Energy, and the sale of its holdings in Oncor to a consortium of investors.  Following the court’s confirmation, the company must also receive regulatory approvals and satisfy various other closing conditions in order to emerge from chapter 11. The regulatory process is expected to extend into the spring of 2016, though final timing is subject to modification.

Please click here to read the Company’s press release regarding plan confirmation.

Additional information regarding our financial restructuring is accessible on the links to the right.

Media Resources

08.26.2016
Court Confirms Texas Competitive Energy Holdings’ Amended Plan of Reorganization [PDF]

07.21.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Announce Extension of Expiration Date for Second Lien Settlement [PDF]

07.14.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Announce Extension of Expiration Date for Second Lien Settlement [PDF]

07.07.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Announce Extension of Expiration Date for Second Lien Settlement [PDF]

06.11.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Announce Extension of Expiration Date for First Lien Settlement [PDF]

06.09.2014
EFIH Announces Bankruptcy Court Approval of First Lien Notes Settlement and First Lien DIP Facility, Extension of Expiration Date and Waiver of Condition [PDF]

06.09.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Announce Amendment to Certain Terms of Second Lien Notes Settlement [PDF]

05.27.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Announce Extension of Early Participation Date and Expiration Date and Availability of Withdrawal Rights in Cash Tender Offer for Second Lien Notes in Connection with Second Lien Notes Settlement [PDF]

05.20.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Announce Extension of Early Participation Date in Cash Tender Offer for Second Lien Notes in Connection with Second Lien Notes Settlement [PDF]

05.09.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Commence Cash Tender Offer for Second Lien Notes in Connection with Second Lien Notes Settlement [PDF]

05.07.2014
Energy Future Intermediate Holding Company LLC and EFIH Finance Inc. Commence Offer for First Lien Notes Settlement [PDF]

05.02.2014
EFH Receives Court Approval Of First Day Motions, Supporting Continuation Of Normal Operations [PDF]

04.29.2014
EFH Reaches Restructuring Agreement to Address Balance Sheet and Create Sustainable Capital Structure [PDF]

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