Oncor Electric Delivery

The largest distribution and transmission system in Texas, delivering safe and reliable power to 10+ million customers.

Founded 2001

Dallas, United States 3454 employees Debt Financing Total: $500.00M Energy

**Oncor Electric Delivery** is a leading player in the energy industry, with a strong focus on electricity distribution and transmission. The company, founded in 2001 and headquartered in the United States, prides itself on being the largest distribution and transmission system in Texas, serving over 10 million customers. With a commitment to providing safe and reliable power, Oncor operates more than 139,000 miles of transmission and distribution lines, supplying power to over 3.8 million homes and businesses in Texas. The company's recent milestone includes a significant $500.00M Debt Financing investment on 21 February 2024, signifying investor confidence in the company's operations and growth prospects. Although Oncor is majority-owned by Sempra Energy and has Texas Transmission Investment LLC as a minority owner, it is noteworthy that the company is managed by a Board of Directors primarily comprising disinterested directors, ensuring transparent and impartial governance. Oncor's strategic positioning within the energy sector, combined with its robust infrastructure and reliable service delivery, makes it an attractive investment opportunity. As the company continues to expand its reach and enhance its operational efficiency, it presents a compelling proposition for venture capitalists seeking long-term, sustainable investments in the energy infrastructure space. For more information and industry insights, visit www.TheWire.Oncor.com.

Funding Stage	Amount	Investors	Lead Investors	Date
Debt Financing	$500.00M	-		21 Feb 2024

Funding Stage

Amount

Investors

Lead Investors

Date

Debt Financing

$500.00M

21 Feb 2024

FAQ About Oncor Electric Delivery

The largest distribution and transmission system in Texas, delivering safe and reliable power to 10+ million customers.

Oncor Electric Delivery was founded in 2001.

Oncor Electric Delivery is headquartered in Dallas, United States.

Oncor Electric Delivery operates in Energy. Its work centres on Oncor Electric Delivery Company LLC, regulated electricity distribution, transmission system and energy delivery.

Oncor Electric Delivery has approximately 3454 employees.

Oncor Electric Delivery has completed 1 funding round, raising a total of $500.00M. The latest funding stage is Debt Financing.

Top alternatives and competitors to Oncor Electric Delivery include Texas-New Mexico Power (TNMP), Okosis Automation & Control Systems, OGE Energy Corp., tanescoyetutz, ITC Holdings Corp.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Oncor Electric Delivery and Texas-New Mexico Power (TNMP) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About Oncor Electric Delivery