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Oncor Electric Delivery Company

Company Summary

Description

Oncor is a regulated electricity business that operates the largest distribution and transmission system in Texas, delivering power to more than 3 million homes and businesses and operating approximately 119,000 miles of transmission and distribution lines in Texas. Oncor employees are responsible for maintaining and upgrading this infrastructure, which is so crucial to the economic well-being of our society.

Website

http://www.oncor.com/EN/Pages/What-Oncor-Does-Over...

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Recent news

  • 8/3/2023 - Sempra Reports that... (subscriber access)
  • 12/16/2022 - Toyota and Oncor Partner... (subscriber access)
  • 11/5/2021 - Sempra Increases Oncor... (subscriber access)
  • 6/29/2021 - Sempra's Oncor Capital... (subscriber access)
  • 9/25/2020 - Oncor Prices $450... (subscriber access)

Company Transactions

Date: 6/30/2019
Type: Acquisition

BUYERS:
  • Oncor Electric Delivery Company
  • Sempra Energy
    • SELLERS:
  • InfraREIT, Inc.
    • DETAILS:

    COST: 1.275 $B

    NOTES:
    Sempra Energy and Oncor entered into agreements in which Oncor will acquire 100% equity interests of InfraReit, Inc., for roughly $1.275 billion and Sempra Energy will acquire a 50% limited partnership agreement in a holding company that will own Sharyland Utilities for roughly $98 million. Sempra Energy contains a roughly 80% stake in Oncor. Sempra Energy and Oncor believe the transaction will close in mid-2019.

    Date: 3/30/2018
    Type: Acquisition

    BUYERS:
  • Sempra Energy
    • SELLERS:
  • Oncor Electric Delivery Company
  • Energy Future Holdings Corporation
    • DETAILS:

    COST: 9.45 $B

    NOTES:
    Sempra Energy announced that it has entered into an agreement to acquire an 80% indirect ownership interest in Oncor Electric Delivery Company for $9.45 billion in cash.
    REGIONS:
  • Texas and Producing Region

    • Date: 12/31/2017
    Type: Acquisition

    BUYERS:
  • InfraREIT, Inc.
  • Sharyland Utilities
    • SELLERS:
  • Oncor Electric Delivery Company
    • DETAILS:
    NOTES:
    SDTS will exchange its retail distribution assets for a group of Oncor's transmission assets located in west and central Texas
    REGIONS:
  • Texas and Producing Region

    • Date: 4/1/2017
    Type: Acquisition

    BUYERS:
  • NextEra Energy, Inc.
    • SELLERS:
  • Texas Transmission Holdings Corporation
  • Oncor Electric Delivery Company
    • DETAILS:

    COST: 2.4 $B

    NOTES:
    NextEra announced that it has reached an agreement to merge an affiliate with Texas Transmission Holdings Corp for $2.4 billion. The Acquisition includes Texas Transmissions 20% stake in Oncor Electric Delivery Company.
    REGIONS:
  • South Central

    • Date: 7/29/2016
    Type: Acquisition

    BUYERS:
  • NextEra Energy, Inc.
    • SELLERS:
  • Energy Future Holdings Corporation
  • Oncor Electric Delivery Company
    • DETAILS: