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Just in recent months utility companies which have either announced or closed on major deals include SCANA, Dominion Energy, Dynegy, Vistra, Sempra and Oncor Electric Delivery.
Faisel H. Khan has joined Sempra Energy as its vice president of investor relations. Khan previously was a managing director for Citigroup in New York, covering the natural gas, pipeline, midstream, refining and master limited partnership industries.
CEO Debra Reed guided Sempra Energy for more than six years and oversaw what looks to be a successful $10 billion bid for Oncor
Oncor operates the largest distribution and transmission system in Texas, delivering power to more than 3.5 million homes
Power and utility merger and acquisition deals doubled in 2017's fourth quarter compared to the same period one year earlier, but overall the M&A activity tagged well behind 2016, according to a report from PwC.
Energy Web Foundation so far has raised about $17 million from a total 37 affiliates
Oncor, Sempra Energy and staff of the PUCT made a joint filing with the PUCT, requesting that the agency approve the acquisition