*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Updated at 11:10 a.m. SAN DIEGO • Sempra Energy is buying Texas power transmitter Oncor for $9.45 billion in cash, wresting it ...
(Reuters) - Utility Sempra Energy said on Monday that it would buy Oncor for $9.45 billion in cash after majority owner Energy Future Holdings Corp abandoned a deal to sell the power transmission ...
DALLAS (AP) — Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric ...
Energy Future Holdings' trump card to help it move beyond its current Chapter 11 bankruptcy woes appears to be its prized asset, Oncor Electric Delivery. Hunt Consolidated recently announced that EFH ...
The deal has a total enterprise value of about $18.8 billion, including Oncor’s debt and a cash worth $9.45 billion. Notably, the company entered into the buyout agreement on Aug 21, 2017 and was ...
An Oncor crew member works to restore power to a Dallas neighborhood after an August 2022 storm. Juan Figueroa / Staff Photographer The state’s largest energy delivery company Oncor announced Thursday ...
Energy Future Holdings Corp. told a bankruptcy judge on Thursday investors won’t go through with the planned $17 billion buyout of its Oncor transmissions business—an investment opportunity that ...
AUSTIN — A Florida-based energy company announced an $18.4 billion deal on Friday that would give it an 80 percent stake in Texas’ largest electric utility under an agreement that could eventually ...
DALLAS, July 5 /PRNewswire/ -- Oncor is one of only two utilities in the United States and the only electric utility in Texas to participate in a pilot program sponsored by the Environmental ...
More behind-the-deal insight into the plan proffered by Dallas-based Energy Future Holdings to escape bankruptcy by selling its electric transmission company Oncor to a consortium led by billionaire ...