A Houston corporate team at Kirkland & Ellis is representing Energy Future Holdings Corp. (EFH) of Dallas in its pending merger with Berkshire Hathaway Energy (BHE) in a deal that will give BHE control of Oncor Electric Delivery Co. Oncor, BHE turned to Gibson, Dunn & Crutcher on the $9 billion cash deal.
BHE, a Des Moines-based subsidiary of Warren Buffett’s Berkshire Hathaway, on Friday announced a definitive merger agreement for newly formed subsidiaries to acquire 100 percent of the equity of EFH and certain direct and indirect subsidiaries, including EFH’s 80 percent interest in Oncor, which serves about 10 million Texans.
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