Dallas Morning News Jeff Mosier The latest effort to free Oncor, Texas largest regulated utility, from bankruptcy court cleared an important hurdle Thursday. A group of key stakeholders is backing the $9.45 billion plan to buy Oncor, which owns and…
Tag: Oncor
Bankruptcy court clears way for Sempra Energy’s $9.45 billion takeover of Dallas power giant Oncor
Dallas Morning News by Paul O’Donnell California-based Sempra Energy has won the blessing of a U.S. bankruptcy court for its $9.45 billion purchase of Oncor, the Texas electric transmission giant that has seen three previous suitors fail in takeover bids.…