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In 1961, after 26 years of legal cases, Electric Bond and Share had complied with the SEC's orders and was no longer listed as an electric power holding company. [27] In 1967, Electric Bond and Share merged with its former holding company, the American & Foreign Power Co. and was renamed Ebasco Industries the following year.
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Nuclear whistleblower Ronald J. Goldstein was a supervisor employed by EBASCO, which was a major contractor for the construction of Houston Lighting and Power Company's South Texas Project (a complex of two nuclear power plants). In the summer of 1985, Goldstein identified safety problems to SAFETEAM, an internal compliance program established ...
In 2003, Houston Industries was split into three companies. The power plants went to Texas Genco, CenterPoint Energy took over the distribution system, and the retail and wholesale electricity business became Reliant Energy. [28] In 2006, NRG Energy bought Texas Genco from a group of private equity firms for roughly $5.9 billion. [29]
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For fiscal 2021 (August 31 year end), the system had approximately $11.1 billion of total debt. University of Texas System, TX -- Moody's assigns Aaa to University of Texas System, TX's PUF Bonds ...
ISOs and RTOs of North America as of 2024. The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, [3] [4] which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. [5]
Image source: Getty Images. 1. Lockheed Martin. After its stock price reached an all-time high earlier this year, Lockheed Martin and its defense contractor peers have sold off considerably over ...