Berkshire Hathaway Energy, a unit of Warren Buffett’s Berkshire Hathaway, said on Friday it would acquire Oncor Electric Delivery in a deal that puts Oncor’s equity value at about $11.25 billion. Berkshire Hathaway Energy said it agreed to buy reorganized Energy Future Holdings Corp., Dallas-based Oncor’s bankrupt parent, for $9 billion in cash. Including debt,...
NYS Entity Status
NYS Filing Date
SEPTEMBER 12, 2014
NYS DOS ID#
14 WALL STREET, 20TH FLOOR
NEW YORK, NEW YORK, 10005
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - BERKSHIRE HATHAWAY CREDIT RATINGS, INC.
AROUND THE WEB
- Buffet’s Berkshire Hathaway to buy grid giant for $18B
By Reuters - Friday Jul 7, 2017
- Berkshire Hathaway nets $11.5B from Bank of America deal
By Kevin Dugan - Tuesday Aug 29, 2017
Warren Buffett’s Berkshire Hathaway is about $11.5 billion richer, thanks to Bank of America. Buffett’s firm pulled the trigger on a 2011 options deal that lets it buy 700 million shares — at a 30 percent discount to its share price — all for bailing out the bank when it was facing questions about its...
- Berkshire Hathaway Makes a $9 Billion Bid for Energy Future Holdings
By MICHAEL J. de la MERCED - Friday Jul 7, 2017
The deal would augment Berkshire Hathaway Energy, whose collection of utilities delivers power to 11.6 million customers across the West and Midwest.
- Mystery Bidder Emerges to Challenge Buffett for Oncor
Friday Aug 18, 2017
Warren Buffett’s battle for control of a Texas power company took a turn as a new mystery bidder emerged to challenge Berkshire Hathaway Inc.’s $9 billion offer.
- Elliott Set to Duel Berkshire for Energy Future's Oncor
Tuesday Jul 11, 2017
Paul Singer’s hedge fund is still pursuing Oncor, one of the largest power transmission utilities in the U.S., with a deal that it says is better than a buyout by Warren Buffett’s Berkshire Hathaway Inc.
- Sempra Energy Reaches Deal to Buy Oncor After Outbidding Berkshire
Sunday Aug 20, 2017
Sempra Energy has reached a deal to buy Oncor for $9.45 billion after swooping in to snatch the power-transmission company away from Warren Buffett’s Berkshire Hathaway Inc.