Oncor
Sempra Energy reached a settlement agreement with several key Texas stakeholder groups over its bid for Oncor.
The Public Utility Commission of Texas (PUCT) called for Sempra Energy to prove it’s financially fit to own Oncor, the state's largest utility.
The Public Utility Commission of Texas (PUCT) approved a settlement in Oncor’s proposed swap of more than $400 million in assets with Sharyland Utilities.
Sempra said that it will rework its proposed $9.45 billion acquisition of Oncor with a new financing structure that wipes out the debt of EFH.
Having thrice been rejected in its attempts at majority ownership, NextEra Energy is now making a long-shot bid to acquire a minority in Oncor.
Sempra Energy moved a step closer to completing its takeover of Oncor after a U.S. bankruptcy judge approved the agreement.
The Texas PUC consented to a list of 36 issues to be contested related to SWEPCO’s costs associated with parent AEP’s massive Wind Catcher project.
Sempra has wasted little time getting to know Texas stakeholders, embarking on a “listening tour” just days after announcing it sought to acquire Oncor.
Sempra Energy announced a $9.45 billion cash deal to acquire bankrupt Energy Future Holdings and its 80% interest in Texas utility Oncor.
Berkshire Hathaway Energy reported a $38 million increase in earnings for the second quarter because of improved performance of BHE Renewables.
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