The Texas Tribune by Jim Malewitz Billionaire Warren Buffett has been outbid in his effort to buy Texas’ largest transmission utility. San Diego-based Sempra Energy announced early Monday that it had swooped in with a roughly $18.8 billion deal to…
Category: Transmission
Buffett’s Berkshire to buy Texas power transmitter Oncor
Mount Pleasant Tribune Associated Press Warren Buffett’s Berkshire Hathaway is buying the Texas power transmitter Oncor for $9 billion, one of his biggest acquisitions. Last year, Berkshire completed its biggest acquisition in its history, a $32.36 billion deal for aviation…