American Electric Power will buy Sempra Energy’s renewable business in a $1.1 billion deal that will triple AEP’s renewable portfolio.

The Public Utility Commission of Texas (PUCT) approved a certificate of convenience and necessity for CenterPoint’s proposed 345-kV project near Houston.

Sempra Energy is on-track to sell its renewable energy assets and invest the funds elsewhere, the company said in its third-quarter earnings call.

Sempra Energy’s transmission footprint in Texas is set to expand, as its Oncor utility subsidiary is acquiring transmission owner InfraREIT.

Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year.

A bill that would allow utilities to recover wildfire costs if they conform to state-regulated safety plans moved through the California legislature, but it faces opposition from some who say it lets utilities off the hook.

The PUCT cleared the way for Sempra Energy to acquire Oncor Electric Delivery and for Lubbock Power & Light (LP&L) to migrate from SPP to ERCOT.

Sempra Energy became the third California-based energy company to promise a “three-pronged” cost recovery effort related to wildfires.

Sempra Energy announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed a reorganization plan for Energy Future Holdings.

The PUCT canceled a hearing on the merits of the proposed acquisition of Oncor by Sempra Energy and directed staff to prepare a proposed order in the proceeding.