As more electric companies try to enter the securitization market in Texas, the light gets dimmer on the stranded cost sector.

Central Power and Light (CPL) expected a financing order from the Texas Public Utility Commission (PUC) by the first week of February, but only a draft of the order was released on Feb. 3.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.