Hunt Consolidated Inc. is back in the chase after Oncor, Energy Future Holding Corp.’s regulated electricity transmissions business, which is slated to be sold to Florida’s NextEra Energy Inc., the Wall Street Journal reported yesterday. Last month, NextEra emerged as the winner of a competition for Oncor that was touched off when Texas regulators scuttled a takeover proposal led by Hunt. Now, Hunt is trying to put its Oncor deal back together on terms that would ease regulatory approval if the NextEra deal doesn’t prevail, according to a letter from a key Texas regulatory executive describing that potential deal. Dead in May, the Hunt deal could be revived if investors back a new effort, one that would be based on an agreement to share tax advantages with ratepayers.
