Court OKs Plan to Sell Transmission Provider Oncor

SUGAR LAND--September 21, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Bankruptcy Court for the District of Delaware has approved Energy Future Holdings Corporation's (Dallas, Texas) plan to sell subsidiary Oncor Electric Delivery Holdings Company LLC (Dallas) to NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) as part of its ongoing effort to exit bankruptcy. The subsidiary owns about 80% of Oncor Electric Delivery Company, which has the largest electricity distribution and transmission system in Texas, serving 10 million customers across the state. Industrial Info is tracking $3 billion in Energy Future Holdings projects, including more than $268 million in projects involving Oncor.

Within this article: Details on Oncor and NextEra's largest active projects in Texas.

Other companies featured: General Electric (NYSE:GE), Apex Compressed Air Energy Storage LLC