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 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.
- 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.
- Warren Buffett pocketing $12B profit on six-year-old investment
By Post Staff Report - Friday Jun 30, 2017
Warren Buffett has proven again why he is America’s most astute investor. The billionaire’s Berkshire Hathaway on Friday moved to capitalize on a rejuvenated Bank of America — and in the process pocketed a tidy $12 billion profit on its nearly six-year-old investment. Here’s how Buffett did it. In August 2011, with many on Wall...
- Warren Buffett casts big shadow in banking world
By Kevin Dugan - Friday Jun 30, 2017
Warren Buffett’s Berkshire Hathaway is now the largest single shareholder of Bank of America — but that’s not the only piece of Wall Street he owns. Buffett, 86, is also the biggest shareholder of Wells Fargo, with a little under 10 percent of the San Francisco bank, and US Bancorp, a Minneapolis bank that’s among...
- Paul Singer to challenge Warren Buffett on acquisition
By Carleton English - Tuesday Jul 11, 2017
Activist hedge fund investor Paul Singer thinks he can put together a better deal than Warren Buffett for Oncor’s bankrupt parent, Energy Future Holdings. Singer’s Elliott Management — Energy Future’s largest creditor — believes the $9 billion bid by Buffett’s Berkshire Hathaway doesn’t fully value the assets, it said in documents on its Web site....