Texas Opens Door for Sempra Energy's $9.45 Billion Purchase of Oncor

SUGAR LAND--March 12, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The Texas Public Utility Commission has approved the $9.45 billion purchase of Texas power transmission and distribution (T&D) company Oncor Electric Delivery Company LLC (Dallas, Texas) by Sempra Energy (NYSE:SRE) (San Diego, California). Oncor serves more than 10 million Texas residents, mostly in the northern and western portions of the state. Industrial Info is tracking $1.4 billion in active Oncor projects and $21.5 billion in Sempra projects.

Within this article: Details of the transaction and Oncor and Sempra projects

Other companies featured: Vistra Energy Corporation (NYSE:VST), Berkshire Hathaway Incorporated (NYSE:BRK-A), NextEra Energy Incorporated (NYSE:NEE), AECOM (NYSE:ACM)