Company Overview of Oncor Electric Delivery Holdings Company, LLC
Oncor Electric Delivery Holdings Company LLC, together with its subsidiary, Oncor Electric Delivery Company LLC, engages in the electricity distribution and transmission business. It operates an electricity distribution and transmission system in Texas with approximately 3 million delivery points, and 118,000 miles of distribution and transmission lines. The company is based in Dallas, Texas. Oncor Electric Delivery Holdings Company LLC operates as a subsidiary of Energy Future Intermediate Holding Company LLC.
1616 Woodall Rodgers Freeway
Dallas, TX 75202-1234
Founded in 1999
Key Executives for Oncor Electric Delivery Holdings Company, LLC
Chief Financial Officer and Senior Vice President
Chief Executive of Energy Future Holdings Corp, President of Energy Future Holdings Corp and Director of Energy Future Holdings Corp
Compensation as of Fiscal Year 2015.
Oncor Electric Delivery Holdings Company, LLC Key Developments
Hunt Files For Takeover Of Oncor
Sep 30 15
A group of investors led by Ray L. Hunt made official their push to take over Oncor Electric Delivery Holdings Company, LLC from Energy Future Holdings Corp. Hunt Consolidated, Inc. laid out plans to buy Oncor between $18 billion and $19 billion. A restructuring plan filed by Energy Future in July laid out plans to sell its 80% ownership stake in Oncor to the Hunt group.
Public Utilities Chief Raises Red Flags On Hunt Plan To Buy Oncor
Aug 20 15
Texas Public Utilities Commissioner Ken Anderson on August 20, 2015 raised concerns about a plan put forth by Energy Future Holdings Corp. (EFH) to escape bankruptcy by selling Oncor Electric Delivery Holdings Company, LLC to a consortium led by Ray L. Hunt and Hunt's companies. Anderson states in the letter, "The most critical question to be decided by us in such a proceeding is whether a proposed transaction results in tangible and quantifiable benefits to ratepayers that exceed the costs and risks to those same ratepayers. Oncor's ratepayers ought not to bear any real risk associated either with the preexisting EFH debt or the proposed REIT structure unless they receive at least commensurate benefits over the long-run for that risk. That premise will be at the heart of my public interest analysis."
Oncor Holdings Appoints Kneeland Youngblood to the Board
Mar 5 15
Oncor Holdings appointed Mr. Kneeland Youngblood to the Board effective March 2, 2015. Mr. Youngblood is a founding partner of Pharos Capital Group. During the last five years, Mr. Youngblood served on the boards of Burger King Holdings Inc., Gap Inc. and Starwood Hotels and Resorts Worldwide Inc. He is a director of EFH Corp., EFIH and Mallinckrodt public limited company, and a member of the Council on Foreign Relations.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries