Recently, Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) lost its bid to buy Oncor, Texas’ largest regulated utility. Oncor is part of Energy Future Holdings, which was formed by KKR & Co. (NYSE: KKR), TPG Capital, and Goldman Sachs (NYSE: GS) Capital Partners in the largest leveraged buyout in history in 2007. When natural gas prices plummetted due to the shale revolution, EFH was unable to meet its debt obligations, and EFH has been looking to sell Oncor in bankruptcy to pay off its creditors.