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Texas Transmission Holdings Corporation

Company Summary

Description

TTHC is a holding corporation which owns an approximate 20 percent indirect interest in Oncor Electric Delivery Company LLC. TTHC is owned indirectly by a group of investors, including OMERS, one of Canada's largest pension plans and GIC, Singapore's sovereign wealth fund. TTHC owns 100 percent of Texas Transmission Investment LLC, which owns a 19.75 percent interest in Oncor.

Related Entities

Recent news

  • 10/31/2016 - NextEra Acquiring Texas... (subscriber access)

Company Transactions

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