by TCCFUI | Oct 18, 2018 | Blog, Electricity
Sempra Energy and Oncor Electric Delivery Company LLC (Oncor) announced today that they have entered into agreements whereby they will acquire Sharyland Utilities, LP (Sharyland) and InfraREIT, Inc. (InfraREIT). InfraREIT owns and leases rate-regulated electric...
by TCCFUI | Jun 27, 2018 | Blog, Electricity
The California-based company that recently acquired Oncor is under review for a potential credit downgrade — in part because of its purchase of the Texas utility. Oncor is the largest electric utility in Texas. In April it was acquired by California-based Sempra...
by TCCFUI | Mar 8, 2018 | Blog
Oncor, the state’s largest transmission and distribution utility, will soon have new owners. Amid applause and thank yous to gathered staff, the Texas Public Utility Commission on Thursday signed off on a multi-billion dollar offer by California-based Sempra to...
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...