Oncor Electric Delivery — largest TX electric T&D utility (~134K miles of lines, ~3.5M advanced meters, 11M Texans served)
Sempra Energy announces $9.45B agreement to acquire EFH (which owns ~80% of Oncor). $18.8B EV incl. Oncor debt. Largest US T&D utility customer base. Sempra's biggest acquisition in 20-year history. Closed March 9, 2018.
$9.45B
Deal Value
Other
Technology
TX
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Energy Future Holdings (EFH; majority stake in Oncor)
- Buyer / Financier
- Sempra Energy
- Deal Value
- $9.45B equity / $18.8B EV
- Stage
- Operating
- ISO/RTO
- ERCOT
- Source
- Sempra Energy
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