Energy is back in the news, and not in a good way. The Texas grid, which has worked remarkably well in developing new energy sources, crashed mercilessly this week. With warmer weather on the horizon, get ready for the cleanup, the political recriminations and the lawsuits. They could last for years, suggests one expert. The CDT Roundup looks at the mess, in addition to last week’s dealmaking.
As we stumble toward the end of a ridiculously complicated year, our gift to you this holiday is to keep it as short and sweet; at least as short and sweet as last week’s 18 transactions will allow.
There were 10 transactions reported to the CDT Roundup last week. Three of them were automotive. In itself it doesn’t really mean anything. But a closer look continues to suggest that Texas dealmaking is locked into a future that runs the full swath of modern life. Allen Pusey and Caroline Evans report.