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National Power & Light Company
United Gas Corporation
American & Foreign Power Company
The Securities and Exchange Commission ordered the breakup of the above Holding companies in 1937 except for the American and Foreign Power Company. SEC v. EBASCo., 18 F. Supp. 131 (S.D.N.Y. 1937
Boise Cascade acquired Ebasco in 1969. Boise Cascade then tried to sell off Ebasco's International Holdings that included the Cuba Electric Company and others in South America and China. However, it is claimed that the Cuban Electric Company's stock is now held by Staples Inc. Yet, in 1969, the U.S. Foreign Claims Settlement Commission denied the claim in its CU-4016 decision
Halliburton acquired Ebasco in 1973, but on April 24, 1973, the US District Court, Southern District of New York filed suit against Halliburton using the Clayton Act to reverse the sale.
In 1976, the Lone Star Gas Company purchased Ebasco, changing its name to Ensearch Ensearch Company History.
By the 1980s, EBASCO had these divisions: Ebasco Engineering, which provided engineering design and A/E services, Ebasco Environmental, which provided environmental engineering and science services, EBASCO Constructors, which provided construction and construction management and Ebasco Risk Managers (ERMCI) division. ERMCI became the Independent Consultation Services of Ebasco, Inc. or INDECS on January 1, 1984, About INDECS. Ebasco Environmental was sold to Enserch Environmental before being sold to Foster Wheeler, Inc., becoming Foster Wheeler Environmental.
Ebasco (EBS) was included in Dow Jones Utility Average from 1938 to 1947.
Ebasco Services was one of the major US architect-engineers, that coordinated the design of many nuclear power plants both in the US and abroad including the Fukushima Daiichi Nuclear Power Plant (units 1, 2 and 6).
EBASCO Engineering and Constructors were sold to Raytheon in 1993 and became part of a Raytheon subsidiary, United Engineers and Constructors.
In 1996 Morrison-Knudsen Corp. of Boise was purchased by Washington Group International, taking the Morrison-Knudsen name until it purchased Raytheon in 2000.
During the September 11 attacks of 2001, Raytheon had an office in the South Tower of the World Trade Center on the 91st floor. Their office, being 6 floors above where United Airlines Flight 175 collided with the building, was spared from the immediate collision, but was utterly destroyed in the subsequent collapse of the South Tower.
Throughout its history of building power facilities around the world, Ebasco would issue insurance policies to each utility company for various aspects of the facility which would later include policies for issues like their extensive use of asbestos. These policies have since become major legal issues Ebasco Insurance
