The Texas Public Utility Commission gave its final blessing to a $1.37 billion transaction involving Oncor, Sharyland Utilities and Sempra Energy.

A combined $1.37 billion worth of transactions involving Oncor, Sharyland Utilities and Sempra Energy all but gained regulatory approval from the PUCT.

The Texas PUC praised ERCOT for its response to criticism over a March cold-weather event that prompted it to ask generators to reschedule planned outages.