Jun 27, 2018 | Industry News
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...
Mar 8, 2018 | Legislative Watch
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...
Oct 13, 2017 | Legislative Watch
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...
Apr 20, 2016 | Legislative Watch
A controversial proposal by investors to buy Oncor, the state’s largest electric utility, is showing serious signs of unraveling. According to media reports the investors seeking to buy Oncor now balk at conditions on that deal set by the Texas Public Utility...
Feb 5, 2016 | Legislative Watch
A consortium led by Ray L. Hunt, the Dallas billionaire, is making a bid to buy Oncor, the state’s largest transmission and distribution utility. The proposal has been roundly rejected by consumer groups, who say it will create significant new risk for ratepayers. One...
