Energy Future Holdings, a portfolio company of TPG, Kohlberg Kravis Roberts and Goldman Sachs Capital Partners, has achieved its first liquidity event since the record-setting $45 billion buyout of the company formerly known as TXU.
The company has agreed to sell a 20 percent stake in Oncor, a regulated electric distribution and transmission business which is a business unit of Energy Future Holdings, to a private equity consortium led by Borealis Infrastructure Management and GIC Special Investments for $1.25
