Energy Future Holdings Corp. bondholders are asking what happened to a proposal from NextEra Energy Inc. that would have meant more money for creditors of the Texas energy seller, which is working out its financial troubles in bankruptcy, Dow Jones Daily Bankruptcy Review reported today. The trustee for some $3.5 billion worth of bonds said in a court filing on Friday that the facts leading to NextEra's decision to withdraw the offer are "entirely undisclosed" and "must be fully explored." In July, NextEra went public with a proposal to infuse value into Energy Future's bankruptcy to acquire the company's stake in Oncor, a Texas transmissions business. In August, the offer was withdrawn, after Energy Future said that it would hold an auction.
