Cases & Deals

Oncor Electric Delivery Company obtains $2 billion sustainability-linked revolving credit facility

Clients Oncor Electric Delivery Company LLC

Jones Day represented Oncor Electric Delivery Company LLC, Texas’s largest transmission and distribution electric utility, in connection with a $2 billion sustainability-linked revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent. This credit facility includes sustainability-linked pricing metrics relating to specific environmental and employee health and safety sustainability objectives.