by TCCFUI | Oct 13, 2017 | Blog
After several failed bids by unsuccessful suitors, it finally appears that Oncor Electric, the state’s largest transmission and distribution utility, may be close to changing owners. An offer by California-based Sempra Energy to acquire the utility for $9.45 billion...
by TCCFUI | Aug 28, 2017 | Blog
From Hunt to NextEra to Berkshire Hathaway to Elliott Management and now, finally, to Sempra Energy. That’s been the line-up of successive suitors – both potential and real — for Oncor Electric, the Dallas-based electric utility with 10 million Texas customers. The...
by TCCFUI | Apr 12, 2017 | Blog
An out-of-state company’s $18 billion bid to buy the largest electric utility in Texas could be considered again by state regulators on Thursday. But the Texas Public Utility Commission already has signaled its opposition once — and given current realities, don’t...
by TCCFUI | Feb 24, 2017 | Blog
What’s in it for us? That’s the question recently posed by Dallas Morning News columnist Mitch Schnurman regarding the proposed multi-billion-dollar acquisition of Oncor Electric by Florida-based NextEra. And it’s a key question: Oncor is the state’s largest...
by TCCFUI | Jan 25, 2017 | Blog
Without substantial changes, a proposed deal to transfer the state’s largest transmission and distribution utility to an out-of-state company should be rejected, according to Texas regulatory staff and others. At issue is the proposed sale of Oncor, the massive north...
