Blog: Change at the Top for Houston’s CenterPoint Energy
CenterPoint serves as the primary electric transmission and distribution utility and natural gas utility for Houston, its surrounding areas and for a large swath of the Texas Gulf Coast.
Oncor To Buy InfraREIT; Sempra To Acquire Sharyland Stake
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...
Blog: New Oncor Owner Faces Credit Review; Ratepayers Insulated
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...
Multi-Billion-Dollar Oncor Sale to Sempra Gets Final PUC Approval
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...