Friday, September 24, 2010

Who Owns Oncor?

From the Dallas Business Journal:

Oncor Electric Delivery is the electricity transmission subsidiary of Energy Future Holdings.

Private equity firms TPG Capital, Kohlberg Kravis & Roberts Co. and Goldman Sachs created Energy Future Holdings by acquiring North Texas utility business TXU Corp. in October 2007. The $45 billion deal (including assumed debt) is the largest leveraged buyout in history.

No comments:

Post a Comment