Energy Future Holdings Corp. (“EFH Corp.”), its direct, wholly owned subsidiary, Energy Future Intermediate Holding Company LLC (“EFIH”), and EFIH's direct, wholly owned subsidiary, EFIH Finance Inc. (“EFIH Finance,” and, together with EFIH, the “EFIH Offerors,” and, together with EFH Corp., the “Offerors”), announced today the results of (i)their previously announced exchange offers (the “Exchange Offers”) to exchange outstanding debt securities listed in the table below (collectively, the “Old Notes”) for New Senior Secured Notes (as defined below) and (ii) EFH Corp.'s previously announced solicitations of consents (the “Consent Solicitations”) from holders of certain of its outstanding debt securities to certain proposed amendments to the indentures underlying such debt securities. Each of the Exchange Offers and the Consent Solicitations expired at midnight, New York City time, on November 10, 2009 (the “Expiration Date”).
Energy Future Holdings Corp. (EFH) today reported consolidated financial results for the third quarter and year-to-date periods ended September 30, 2009 in the company's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC).
Energy Future Holdings Corp. (EFH) will host a conference call Webcast to discuss its second quarter financial and operating results, Friday, October 30, 2009, at 10:00 a.m. Central (11:00 a.m. Eastern).
Energy Future Holdings Corp. (“EFH Corp.”), its direct, wholly owned subsidiary, Energy Future Intermediate Holding Company LLC (“EFIH”), and EFIH’s direct, wholly owned subsidiary, EFIH Finance Inc. (“EFIH Finance” and, together with EFIH, the “EFIH Offerors”), announced today that they are amending certain of the terms of (i) their previously announced exchange offers...
Energy Future Holdings Corp. (EFH) announced today that it has scheduled a conference call to discuss its third quarter financial and operating results on Friday, October 30, 2009. EFH plans to release its third quarter results in its Quarterly Report on Form 10-Q, which is expected to be filed with the U.S. Securities and Exchange Commission no later than 8:00 a.m. Eastern on October 30, 2009.
Energy Future Holdings Corp. (“EFH Corp.”), its direct, wholly owned subsidiary, Energy Future Intermediate Holding Company LLC (“EFIH”), and EFIH's direct, wholly owned subsidiary, EFIH Finance Inc. (“EFIH Finance” and, together with EFIH, the “EFIH Offerors”), announced today extensions of (i) the early tender date for their previously announced exchange offers (the “Exchange Offers”) to exchange certain outstanding debt securities...
Energy Future Holdings Corp. (“EFH Corp.”) announced today that it and its direct, wholly owned subsidiary, Energy Future Intermediate Holding Company LLC (“EFIH”), and EFIH's direct, wholly owned subsidiary, EFIH Finance Inc. (“EFIH Finance” and, together with EFH Corp. and EFIH, the “Offerors”), are commencing exchange offers (the “Exchange Offers”) to exchange outstanding debt securities listed in the table below (collectively, the “Old Notes”) for up to $4.0 billion of new senior secured notes to be issued by EFH Corp. and/or EFIH and EFIH Finance (EFIH and EFIH Finance together, the “EFIH Offerors”), upon the terms and subject to the conditions set forth in the prospectus relating to the Exchange Offers (the “Prospectus”) and the related Consent and Letter of Transmittal. The purpose of the Exchange Offers is to reduce the outstanding principal amount and extend the weighted average maturity of the long-term debt of EFH Corp. and its subsidiaries.
Energy Future Holdings Corp. (EFH) today reported consolidated financial results for the second quarter and year-to-date periods ended June 30, 2009 in the company's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC).
Energy Future Holdings Corp. (EFH) will host a conference call Webcast to discuss its second quarter financial and operating results today, Tuesday, August 4, 2009, at 10 a.m. CT.
Energy Future Holdings Corp. (EFH) announced today that it has scheduled a conference call to discuss its second quarter financial and operating results on Tuesday, August 4, 2009. EFH plans to release its second quarter results in its Quarterly Report on Form 10-Q, which is expected to be filed with the U.S. Securities and Exchange Commission no later than 8:00 a.m. Eastern on August 4, 2009.
Energy Future Holdings Corp.'s (EFH) competitive businesses (Luminant, TXU Energy, and EFH Corporate Services) are teaming up with the National Urban League during the launch of its 2009 Economic Empowerment Tour to help those in the Dallas-Fort Worth community looking for new career opportunities.
Energy Future Holdings Corp. (EFH) today reported consolidated financial results for the first quarter ended March 31, 2009 in the company's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC).
Energy Future Holdings Corp. (EFH) announced today that it has scheduled a conference call to discuss its first quarter financial and operating results on Friday, May 1, 2009. EFH plans to release its first quarter results in its Quarterly Report on Form 10-Q, which is expected to be filed with the U.S. Securities and Exchange Commission no later than 8:00 a.m. Eastern on May 1, 2009.
Energy Future Holdings Corp. (EFH) today reported consolidated financial results for the fourth quarter and year ended December 31, 2008. The full year results were reported in EFH's Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) this morning.
Energy Future Holdings Corp. (EFH) has scheduled a conference call to discuss its 2008 financial and operating results today, Tuesday, March 3, 2009. EFH plans to release its 2008 financial results in its 2008 Annual Report on Form 10-K, which is expected to be filed with the U.S. Securities and Exchange Commission no later than 8:00 a.m. Eastern on March 3, 2009.
Energy Future Holdings Corp. (EFH) announced today that it has scheduled a conference call to discuss its 2008 financial and operating results on Tuesday, March 3, 2009. EFH plans to release its 2008 financial results in its 2008 Annual Report on Form 10-K, which is expected to be filed with the U.S. Securities and Exchange Commission no later than 8:00 a.m. Eastern on March 3, 2009.
Energy Future Holdings, represented by Non-Executive Chairman Don Evans, signed an EcoPartnership agreement with China Huadian Corporation on December 4, 2008.
Energy Future Holdings Corp. (EFH), today reported consolidated financial results for the third quarter and year-to-date periods ended September 30, 2008 in the company’s Quarterly Report on Form 10-Q filed with the Securities Exchange Commission (SEC) and announced the closing of the sale of a 19.96 percent interest in its subsidiary, Oncor Electric Delivery Company LLC (Oncor), for net proceeds of $1.253 billion.
Energy Future Holdings Corp. (EFH) announced today that it has scheduled a conference call to discuss its third quarter financial and operating results on Thursday, November 6, 2008. EFH plans to release its third quarter results in its Quarterly Report on Form 10-Q, which is expected to be filed with the U.S. Securities and Exchange Commission no later than 7:00 a.m. on November 6, 2008.
Energy Future Holdings Corp. (EFH) is pleased to announce that Energy Plaza, which is operated by EFH, has earned the U.S. Environmental Protection Agency's (EPA) prestigious ENERGY STAR award. The ENERGY STAR is a national symbol for protecting the environment through superior energy performance. With today's announcement, Energy Plaza joins approximately 3,200 buildings nationwide that have earned the designation.
Today, the companies of Energy Future Holdings (EFH) – Oncor, Luminant and TXU Energy – pledged $1 million in disaster relief funding to help those impacted by Hurricane Ike.
The Q2 08 Conference Call Webcast is scheduled for Aug. 19, 2008 at 10 a.m.(CT).
Energy Future Holdings Corp. (EFH), today reported consolidated financial results for the second quarter and year-to-date periods ended June 30, 2008 in the company’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC).
Energy Future Holdings Corp. (EFH) announced today that it has scheduled a conference call to discuss its second quarter financial and operating results on Tuesday, August 19, 2008. EFH plans to release its second quarter results in its Quarterly Report on Form 10-Q, which is expected to be filed with the U.S. Securities and Exchange Commission no later than August 14, 2008.
Energy Future Holdings (EFH) today announced that Paul M. Keglevic will join the company as Chief Financial Officer. Keglevic comes from PricewaterhouseCoopers, where he has been the U.S. Utility Sector Leader for the past six years and the Clients and Sector Assurance Leader for the past year.
Energy Future Holdings (EFH) today announced the election of Arcilia Acosta as the newest member of its Board of Directors.
EFH will host a teleconference to discuss its first quarter results with its investors today, Monday, May 19, 2008, at 9 a.m. Central (10 a.m. Eastern).
Energy Future Holdings Corp. (EFH) announced today that it has scheduled a conference call to discuss its first quarter financial and operating results on Monday, May 19, 2008. EFH plans to release its first quarter results in its Quarterly Report on Form 10-Q, which is expected to be filed with the U.S. Securities and Exchange Commission no later than May 15, 2008.
Environmental Defense Fund (EDF) and Kohlberg Kravis Roberts & Co. L.P. (KKR) today announced a “Green Portfolio” partnership to measure and improve the environmental performance of companies within KKR's U.S. portfolio. Building on their successful collaboration in the 2007 acquisition of TXU Corporation, the partnership is the first of its kind between a private equity firm and an environmental organization.
Energy Future Holdings Corp. (EFH), formerly TXU Corp., today reported its 2007 financial results in the company's 2007 Annual Report on Form 10-K (2007 10-K) filed with the Securities and Exchange Commission. On October 10, 2007, EFH was acquired by affiliates of Kohlberg Kravis Roberts & Co., TPG, Goldman Sachs Capital Partners and other investors (the Merger) and became a privately-held company.
Energy Future Holdings (EFH) today announced the formation of the Sustainable Energy Advisory Board (SEAB), fulfilling a commitment to create an advisory board comprised of individuals with deep knowledge of the issues affecting the environment, customers, Texas economic development, and reliability/technology interests.
Remarks prepared for delivery by Secretary Donald L. Evans , Non-Executive Chairman, Energy Future Holdings, Inc.
“Energy Future Holdings (EFH) is strongly supportive of The Carbon Principles announced today by Citi, JPMorgan Chase and Morgan Stanley. As the result of EFH's acquisition by an investor group led by KKR, TPG and Goldman Sachs Capital Partners last October, the company had already adopted and begun implementing the three basic principles laid out today,” John F. Young, CEO of Energy Future Holdings said today.
Energy Future Holdings (EFH) announced today that John F. Young will be the first CEO of the Dallas-based energy holding company. EFH was formerly known as TXU Corp. before its acquisition by Kohlberg Kravis Roberts & Co., Texas Pacific Group, Goldman Sachs and other investors last October.
Energy Future Holdings Corp. (EFH) and Oncor Electric Delivery Company LLC (Oncor), EFH’s transmission and distribution subsidiary, announced that they have commenced the process to offer for sale a 20 percent minority ownership interest in Oncor to other investors.
TXU Corp. (NYSE: TXU) today announced the completion of its merger agreement with Texas Energy Future Holdings Limited Partnership (TEF). TEF is led by a group of investors including Kohlberg Kravis Roberts & Co. (KKR), Texas Pacific Group (TPG) and Goldman Sachs Capital Partners. TXU shareholders overwhelmingly approved the merger at the company’s Annual Meeting on September 7, 2007.
The following were released by TXU Corp.
TXU Corp. (NYSE: TXU) announced today the determination of the total consideration and tender offer consideration to be paid pursuant to its cash tender offers and related consent solicitations for the 4.80% Series O Senior Notes due 2009 of TXU Corp. and the 6.125% Senior Notes due 2008 and 7.000% Senior Notes due 2013 (collectively, the “Notes”) of Texas Competitive Electric Holdings Company LLC (“TCEH”).
TXU Corp. (NYSE: TXU) today announced that the Nuclear Regulatory Commission (NRC) has provided its approval related to the merger of TXU Corp. with Texas Energy Future Holdings Limited Partnership (TEF). TEF was formed by a group of investors led by Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group (TPG) to facilitate the merger.
TXU Corp. (NYSE: TXU) today announced that Institutional Shareholder Services (ISS) and Glass Lewis, two leading independent proxy advisory firms, recommended that TXU shareholders vote “FOR” the merger transaction between TXU and Texas Energy Future Holdings Limited Partnership (TEF). TEF was formed by a group of investors led by Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group (TPG) to facilitate the merger. TXU shareholders should vote promptly so that their votes can be counted at the company’s September 7, 2007 Annual Meeting of Shareholders.
TXU Corp. announced today that its board of directors declared a regular quarterly dividend of 43.25 cents per share on the common stock of the company.
TXU Corp. today reported consolidated results for the second quarter and year-to-date periods ended June 30, 2007.
TXU Corp. (NYSE: TXU) announced today that its 2007 Annual Meeting of Shareholders will be held at 9:30 a.m. Central time on Friday, September 7, 2007, at the Adam’s Mark Hotel, 400 North Olive Street, Dallas, Texas 75201.
TXU Corp. (NYSE:TXU) announced today that it plans to release its second quarter earnings results on Tuesday, August 7, 2007.
Texas Energy Future Holdings Limited Partnership (TEFH) today announced that former United States Commerce Secretary Donald L. Evans will assume the duties of non-executive chairman of the new TXU when the proposed buyout of the Dallas-based utility is complete. TEF is the holding company formed by Kohlberg Kravis Roberts & Co. (KKR), Texas Pacific Group (TPG) and other investors to acquire TXU Corp. In addition, Kneeland Youngblood of Pharos Capital Group, LLC has agreed to join the TXU Corp. board of directors upon the close of the transaction.
TXU Corp. and Texas Energy Future Holdings Limited Partnership (TEF) today announced a one million dollar commitment to support Texas’ bid for the FutureGen power plant. Specifically, the donation will be used by the State of Texas to purchase rights to inject carbon dioxide near the proposed Jewett FutureGen site.
TXU Corp. (NYSE: TXU) today reported consolidated results for the first quarter ended March 31, 2007.
TXU Corp. (NYSE: TXU) announced today that its board of directors declared a regular quarterly dividend of 43.25 cents per share on the common stock of the company. The dividend will be paid on July 2, 2007, to shareholders of record at the close of business on June 1, 2007.
TXU Corp., a Dallas-based energy company, announced today the brand identity for Luminant Energy. TXU’s power generation and related businesses will be transitioned to the new Luminant Energy brand as part of the proposed merger agreement with an investor group led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group.
TXU Electric Delivery returns to the name Oncor Electric Delivery in a move to clarify its role.
TXU Corp. (NYSE: TXU), a Dallas-based energy company, announced today that the “go-shop” process conducted on its behalf by Lazard Freres & Co LLC (Lazard), the independent financial advisor to the TXU Board of Directors and its Strategic Transactions Committee, has ended. During the process, no proposal was received that could reasonably be expected to result in a proposal superior to the definitive merger agreement announced February 26, 2007 with an investor group led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group (the Merger). Under the terms of the merger agreement, shareholders will be paid $69.25 per share following closing. The Merger is subject to receipt of shareholder approval and required regulatory approvals, as well as satisfaction of other customary closing conditions. There is no financing condition to the Merger.
TXU Corp. announced today that Tom Baker has been named Vice Chairman of TXU Corp. and Robert S. Shapard has been named Chairman and Chief Executive Officer of Oncor, currently named TXU Electric Delivery.
TXU Corp. (NYSE: TXU), TXU Electric Delivery Company, a subsidiary of TXU Corp., and InfrastruX Group, a national provider of utility-related construction and maintenance services, announced today that they have mutually agreed to suspend their agreements relating to the InfrastruX Energy Services Group LP (IES) joint venture. The parties plan to terminate these agreements upon closing of the transaction under which an investor group led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group will acquire TXU Corp.
Today, TXU Corp. (NYSE: TXU) issued the following statements from TXU Corp. CEO John Wilder and Michael McCall, CEO of TXU Wholesale.
In response to today’s Dallas Morning News...
TXU Corp. (NYSE:TXU) announced today that it plans to release its first quarter earnings results on Wednesday, May 9, 2007.
TXU Corp. (NYSE: TXU) announced today the postponement of its Annual Meeting of Shareholders previously scheduled for June 15, 2007.
TXU Corp. (NYSE: TXU), a Dallas-based energy company, announced today an update regarding the “go-shop” process being conducted by Lazard Freres & Co LLC (Lazard), the independent financial advisor to the TXU Corp. Board of Directors and its Strategic Transactions Committee. Under the terms of the definitive merger agreement announced February 26, 2007, an investor group led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group will acquire TXU in a transaction valued at $45 billion. Under the terms of the merger agreement, shareholders will be paid $69.25 per share at closing. The transaction is subject to receipt of shareholder approval and required regulatory approvals, as well as satisfaction of other customary closing conditions. There is no financing condition to the transaction.
TXU Corp. was recently recognized by Women's Business Enterprise National Council (WBENC) in its annual listing of America's Top Corporations for Women's Business Enterprises, the only national award honoring corporations for world-class supplier diversity programs.
TXU Corp. announced today that its subsidiaries TXU Energy Company LLC (the parent company of TXU Power, TXU Wholesale and TXU Energy) and TXU Electric Delivery Company plan to issue an aggregate $1.8 billion of senior unsecured floating rate notes maturing by September 2008. The notes are expected to include $1 billion principal amount of senior unsecured floating rate notes at TXU Energy Company LLC and $800 million principal amount of senior unsecured floating rate notes at TXU Electric Delivery Company. The notes will be used to replace existing short-term borrowings. The proceeds from these offerings will not be used to fund the recently announced merger transaction involving TXU Corp. The notes will be mandatorily redeemable upon closing of the merger transaction and will not be outstanding after the closing.
Texas Energy Future Holdings Limited Partnership (TEF), the holding company formed by Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group (TPG) to acquire TXU Corp. (NYSE:TXU), and TXU announced today that they have started the planning process for two integrated gasification combined cycle (IGCC) commercial demonstration plants to be located in Texas.
TXU Corp. announced today that Dr. E. Gail de Planque has resigned from the TXU Corp. Board of Directors.
TXU announced today it has officially suspended efforts to obtain permits for eight coal-fueled power units in Texas.
Continued leadership in protecting the environment through energy efficiency
TXU Corp. today reported consolidated results for the fourth quarter and full year ended December 31, 2006.
TXU Corp. a Dallas-based energy company, together with Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group (TPG), two of the nation’s leading private equity firms, and Goldman Sachs & Co., a leading global investment bank, announced today the execution of a definitive merger agreement under which an investor group led by KKR and TPG will acquire TXU in a transaction valued at $45 billion.
TXU Corp. announced today that its board of directors declared a regular quarterly dividend of 43.25 cents per share on the common stock of the company. The dividend will be paid on April 2, 2007, to shareholders of record at the close of business on March 2, 2007.
TXU Corp. has scheduled its fourth quarter earnings release and a conference call to discuss the results and provide a quarterly update on the company’s business operations on Tuesday, February 27, 2007.
TXU Corp. today announced that its 2007 Annual Meeting of Shareholders will be held at 9:30 a.m. on Friday, June 15, 2007, at the Adam’s Mark Hotel, 400 North Olive Street, Dallas, Texas 75201.
TXU Corp. today announced that it plans to voluntarily withdraw its securities from listing on NYSE Arca, Inc., formerly the Pacific Exchange. TXU’s securities will continue to be listed on the New York Stock Exchange.
TXU Corp. today announced an agreement with and minority investment in Skyonic Corporation, a privately-held Austin, Texas-based company with proprietary technology designed to reduce greenhouse gases and other emissions.
TXU Corp. today reported consolidated results for the third quarter ended September 30, 2006.
TXU Corp. today announced the company’s vision to see the nation’s older, less efficient power plants upgraded or displaced with new power generation technologies to meet the nation’s growing need for reliable, affordable and cleaner electric power.
TXU Corp. announced today that its senior leadership team plans to discuss the company’s business operations, power generation development strategy, and financial outlook on November 6–7, 2006, at the EEI Annual Financial Conference in Las Vegas, Nevada.
On Wednesday, September 6, 2006, C. John Wilder, chairman and CEO of TXU Corp., will speak with investors and financial analysts at the Lehman Brothers CEO Energy/Power Conference in New York. The presentation will include a discussion of the company’s business strategy and power generation development program.
TXU Corp. announced today that its board of directors declared a regular quarterly dividend of 41.25 cents per share on the common stock of the company.
TXU Corp. today reported consolidated results for the second quarter ended June 30, 2006.
First-of-its-Kind Agreement Expected to Generate Significant Benefits for TXU Electric Delivery Customers; Joint Venture Has Broad Applications for the U.S. Utilities Industry.
TXU Corp. has scheduled its second quarter earnings release and conference call to discuss the results on Tuesday, August 1, 2006.
DiversityInc Magazine named TXU one of the “Top 10 Companies for Supplier Diversity” based on the company’s commitment to being a leader and pioneer in supplier diversity.
TXU Corp. today reported the achievement of significant milestones in its solid-fuel power generation program, which includes the planned investment of over $10 billion to power the future of Texas through the construction of 11 coal power generation facilities.
TXU Corp., one of the nation’s largest electricity companies, hosted its 2006 annual meeting of shareholders today in Dallas.
TXU Corp. announced today that its board of directors declared a regular quarterly dividend of 41.25 cents per share on the common stock of the company. The dividend will be paid on July 3, 2006, to shareholders of record at the close of business on June 2, 2006.
Technology Offers Glimpse into the Future of Fuel-Conscious Fleets
TXU Corp. announced today the settlement rate for the settlement of the purchase contracts that are a component of TXU Corp.’s Income PRIDES (NYSE: TXU PrD) issued in 2002.
TXU Corp. hereby notifies holders of its SeriesM Senior Notes due May 16, 2008 (the “SeriesM Notes”) and holders of its Income PRIDES (NYSE: TXU PrD) issued in 2002, of which the SeriesM Notes comprise a part, that the Reset Spread and the Benchmark Treasury to be used to determine the Reset Rate for the SeriesM Notes in connection with the proposed May 11, 2006 remarketing of the SeriesM Notes (which Reset Rate will be in effect on and after May 16, 2006 if the remarketing is successful) have been determined and are not subject to change.
TXU Corp. will hold its annual meeting of shareholders on Friday, May 19, 2006, at 9:30 a.m. Central (10:30 a.m. Eastern) in Dallas. For those unable to attend, the event will be webcast at www.txucorp.com in the Investor Resources section.
TXU Corp. today reported consolidated results for the first quarter ended March 31, 2006.
TXU Corp. announced today a plan to invest $10 billion in power generation to provide lower-cost, secure and stable power, the introduction of new consumer and business service offerings, and the largest voluntary emissions reduction program of its type in the nation.
TXU Corp. has scheduled its first quarter earnings release and conference call to discuss the results on Tuesday, May 2, 2006.
For the seventh year in row, TXU Corp. is being honored by the Women’s Business Enterprise National Council (WBENC) as one of America’s Top Corporations for Women’s Business Enterprises. This award is the only award honoring corporations for their world-class supplier diversity programs offering equal access for women’s business enterprises in competing for, and winning, corporate contracts for goods and services.
TXU Corp. today announced leadership team changes to align the organization to drive the company’s growth strategy, including the naming of a chief executive officer of Generation Development. In addition, the company announced personnel changes for the positions of chief financial officer and general counsel.
On Wednesday, March 15, 2006, C. John Wilder, chairman and CEO of TXU Corp., will be speaking with investors and financial analysts at the Morgan Stanley Global Electricity & Energy Conference in New York, New York.
On Tuesday, March 2, 2006, David Campbell, executive vice president of TXU Corp., will participate in a panel discussion titled “What is the Right Strategy for Managing Commodity Exposure?” at the Citigroup First Annual Power, Gas and Utilities Conference to be held in Miami, Florida.
TXU Corp. announced today the election of Gerardo (Gerry) I. Lopez as the newest member of its board of directors. He replaces William (Bill) M. Griffin, who retired from the board effective at the close of today’s meeting.
TXU Corp. and its remarketing agent, Lehman Brothers Inc., announced today that the remarketing of TXU Corp.’s 5.8% Series M Senior Notes due May 16, 2008 (CUSIP No. 873168868) will be rescheduled to May 11, 2006.
TXU Corp. today reported consolidated results for the fourth quarter and full year ended December 31, 2005.
TXU Corp. has scheduled its fourth quarter earnings release and conference call to discuss the results on Thursday, February 2, 2006.
TXU Corp. (NYSE: TXU) announced today that its board of directors, as part of its ongoing initiative regarding corporate governance excellence, has elected to accelerate the expiration of its shareholder rights plan (Plan) to November 18, 2005. TXU
– TXU Corp. (NYSE: TXU) announced today the settlement rate for the second and final settlement of the purchase contracts that are a component of TXU Corp.’s Corporate Units (NYSE: TXU PrC) issued in 2001. The settlement rate is based upon the average of the closing price per share of TXU Corp. common stock on the New York Stock Exchange for the 20 consecutive trading days ending on November 11, 2005. Since the average closing price per share was greater than the “threshold appreciation price” of $55.68, the settlement rate is equal to 0.4490 shares of TXU Corp. common stock per Corporate Unit. The settlement will occur on November 16, 2005.
Two weeks and 12,000 restored customers later, TXU Electric Delivery crews who worked to restore power in Florida are coming home to Texas.
TXU Corp. (NYSE: TXU) today reported consolidated results for the third quarter ended September 30, 2005.
TXU Electric Delivery Company, a subsidiary of TXU Corp. (NYSE: TXU), announced today that it has invoked the fall-away provision of the 2002 Indenture for its Senior Secured Notes.
TXU Corp. announced today that Robert S. Shapard has joined the company’s management team as a strategic advisor.
TXU Corp. was recognized today by the United States Environmental Protection Agency (EPA) as one of the “Best Workplaces for Commuters” in the nation for its efforts to promote mass transit options for its employees.
TXU Corp. (NYSE: TXU) announced today that its senior leadership team plans to discuss the company’s business strategy and outlook during the November 6 – 9, 2005 EEI Annual Financial Conference in Hollywood, Florida.
TXU Energy, the competitive retail electric provider unit of TXU Corp. (NYSE: TXU), announced today that it will launch the TXU Energy Peace of Mind Program, a four-part customer assistance program, beginning November 1.
TXU Energy, the competitive retail electricity business of TXU Corp. (NYSE: TXU), today filed with the Public Utility Commission of Texas (PUC) a request for a fuel factor adjustment for its Price to Beat (PTB) electricity rates.
TXU Corp. announced today the election of Glenn F. Tilton and Leonard H. Roberts as the newest members of its board of directors.
TXU Electric Delivery reports today that East Texas restoration is more than 90% complete, with less than 11,500 customers in Angelina and Nacogdoches Counties needing power.
TXU Electric Delivery reported power outages in Lufkin and Nacogdoches dropped to less than 13,500 overall today, down from less than 30,000 yesterday.
Volunteers Go to Hurricane-Affected Cities to Work With Relief Agencies
TXU Corp. (NYSE:TXU) has scheduled its third quarter earnings release and conference call to discuss the results on Tuesday, November 1, 2005.
TXU Electric Delivery restored electric service to Jacksonville today, lowering the total number of homes and businesses in East Texas without power to less than 30,000 overall.
TXU Energy, the competitive retail electricity business of TXU Corp. (NYSE: TXU), announced today that it will expand its hurricane relief efforts by increasing its monetary donations to hurricane victims to $1 million.
TXU Electric Delivery has restored power to virtually all Tyler and Palestine homes and businesses affected by Hurricane Rita. The company projects a complete restoration of all its East Texas customers by Friday.
Hurricane Rita Affects 200,000 Homes and Businesses
East Texas power outages continued to decline today as TXU Electric Delivery deployed additional employees and contractors in the area to speed restoration efforts. System-wide, TXU Electric Delivery has 50,000 homes and businesses without power, primarily in the Lufkin and Nacogdoches areas.
TXU Energy continues to work with transmission and delivery companies to restore electrical services in areas that were affected by Hurricane Rita.
TXU Electric Delivery reports that the number of homes and business without power System-wide is less than 70,000, down from 130,000 at the height of the storm.
TXU Electric Delivery reported that approximately 70,000 homes and businesses are without power today due to the effects of Hurricane Rita.
As Hurricane Rita plowed into the Gulf Coast on Saturday and moved inland, winds along the storm’s outlying edge hit East Texas, leaving approximately 100,000 customers without power, mainly in the Lufkin/Nacogdoches/Tyler areas.
In anticipation of potential outages caused by Hurricane Rita, TXU Energy wants to remind its Dallas/Fort Worth area customers that they can call 1-800-233-2133 and Houston vicinity customers can call 1-866-332-3122 to report outages.
With Hurricane Rita reaching Category 5 status and expected to make landfall this weekend, TXU Electric Delivery is activating crews across its service territory in preparation for heavy rain and high winds as far north as Dallas/Fort Worth.
Hurricane Katrina Update
TXU Corp. (NYSE: TXU) announced today another step to support relief efforts for Hurricane Katrina victims by delaying consideration of a price to beat (PTB) change until October and voluntarily proposing a potential discount when any such change is approved in order to moderate electricity prices through the end of 2005 for its North Texas customers.
Hurricane Katrina Update
Hurricane Katrina Update
TXU Corp. today confirmed it has made a direct corporate donation of $250,000 to the Power of Hope Fund, which Entergy Corporation, the electric service provider in the Gulf Coast region, has set up to provide long-term aid to families affected by the catastrophic storm.
TXU Electric Delivery continues humanitarian effort in Louisiana
Hurricane Katrina Update
TXU Electric Delivery sends second wave of support to Louisiana, bringing total number of employees and contractors committed to 770.
As Hurricane Katrina continues to cause devastation along the Gulf Coast today, TXU Electric Delivery has responded to calls from utilities in Louisiana and Florida for additional help by releasing 570 TXU Electric Delivery employees and contractors to Entergy and Florida Power & Light.
TXU Corp. (NYSE:TXU) announced today the election of Leldon (Lel) E. Echols as the newest member of its board of directors. He replaces Derek C. Bonham, who previously announced his intention to retire from the board.
TXU Corp. (NYSE: TXU), today announced the naming of James A. Burke chairman and CEO of TXU Energy, the company’s retail business, and Michael T. McCall chairman and CEO of TXU Wholesale, the business that optimizes the purchases and sales of energy for generation and retail businesses in the competitive wholesale market.
XU Corp. (NYSE: TXU) and its remarketing agent, Merrill Lynch, Pierce, Fenner & Smith Incorporated, announced today that the remarketing of TXU Corp.’s 5.45% Series L Senior Notes due November 16, 2007 (CUSIP No. 873168801) will be rescheduled to November 10, 2005. The Senior Notes originally were scheduled to be remarketed on August 11, 2005.
In 2004, TXU launched a comprehensive restructuring program, which included the disposition of non-core businesses, increased investments in customer service and reliability, and a broad-based operational improvement program. The successful execution of this ongoing restructuring program is evident in the company’s quarterly results.
TXU Corp. (NYSE: TXU) announced today that Derek C. Bonham has informed the company of his intention to retire from the TXU Corp. Board of Directors for health reasons.
TXU Corp. (NYSE:TXU) has scheduled its second quarter earnings release and conference call to discuss the results on Tuesday, August 2, 2005.
TXU Corp. affirmed today its previously announced earnings outlook range as it continues to evaluate the appropriate financial strategy to position the company for long-term growth and financial flexibility.
- TXU Corp. announced today that its 52.5 million accelerated share repurchase program initiated in November 2004 is complete.
TXU Corp., one of the nation’s largest electricity companies, hosted its 2005 annual meeting of shareholders today in Dallas.
TXU Corp. (NYSE: TXU) today reported consolidated results for the first quarter ended March 31, 2005.
TXU Power, a subsidiary of TXU Corp., announced today it will provide a $100,000 leadership gift to the Texas Trees Foundation to support its development of a second urban tree farm, which will help the Foundation continue to provide more – and larger – trees for public spaces.
TXU Energy, a subsidiary of TXU Corp., today filed a request for a fuel factor adjustment for its Price to Beat electricity rate with the Public Utility Commission of Texas (PUC) in response to a sustained increase in natural gas prices.
TXU Corp. announced today that its subsidiaries, TXU Energy Company LLC (TXU Energy Holdings) and TXU Electric Delivery Company (TXU Electric Delivery), amended their joint credit facilities, increasing the capacity from $2.5 billion to $3.5 billion, extending the maturity dates and reducing the borrowing costs.
TXU Power employees will put their green thumbs to use, on Saturday February 19, by helping plant 9,500 tree seedlings as part of the Texas Trees Foundation's monthly transplanting effort at the TXU Urban Tree Farm at Richland College.
TXU Corp. (NYSE: TXU) announced today that its board of directors declared a regular quarterly dividend of 56.25 cents per share on the common stock of the company. The dividend will be paid on April 1, 2005 to shareholders of record as of March 4, 2005.
TXU Corp. (NYSE: TXU) today reported consolidated results for the fourth quarter and full year ended December 31, 2004.
TXU Corp. (NYSE:TXU), through its subsidiary TXU Power, announced today that it intends to offer the capacity from 61 percent of its natural gas-fired Texas generating fleet totaling 6,214 megawatts for contract (through a tolling arrangement) or for sale.
TXU Corp. (NYSE: TXU) today announced that it reached a comprehensive agreement resolving potential claims relating to TXU Europe Ltd. and its affiliates and major creditor groups. The agreement, under which TXU Corp. denies any liability, consists of a one-time payment to TXU Europe Ltd. of $220 million, which will be distributed to creditors.
TXU Corp. (NYSE: TXU) announced today that its Board of Directors haselected Stan Szlauderbach senior vice president and controller. Szlauderbach was formerly assistant controller of the company and has been interim controller since September 30, 2004.
TXU Electric Delivery invites senior citizens to two-step through the admissions gates and learn how to tame energy use, both free of charge, at this year’s Southwestern Exposition and Live Stock Show.
TXU Corp. (NYSE: TXU) announced today that it reached a comprehensive settlement regarding the consolidated amended securities class action lawsuit initially filed against the company in October 2002.
TXU Electric Delivery’s Weather-Wise Community Outreach Program took first place in a prestigious energy industry competition, the Platts Global Energy Awards, on Friday, Dec. 10, in New York. In this competition, which attracted more than 200 industry entries, TXU Electric Delivery was honored for a program to provide low-cost, energy efficiency information and help for low-income senior citizens.
TXU Corp. (NYSE: TXU) announced today that on Friday, November 26, it closed the previously announced accelerated share repurchase agreement to repurchase 52.5 million shares of its outstanding common stock at an initial price of $64.57 per share. The repurchase agreement was funded with the proceeds from the sale of $3.5 billion of senior notes.
TXU Corp. (NYSE: TXU) announced today that its board of directors, as part of its ongoing initiative regarding corporate governance policies and practices, has updated TXU Corp.’s corporate governance guidelines.
TXU Power, a subsidiary of TXU Corp., announced today plans to declare inactive, or “mothball,” eight natural gas-fired electric generating units.
TXU Corp. announced today the settlement rate for the first settlement of the purchase contracts that are a component of the TXU Corp. Corporate Units (NYSE:TXU PrC).
TXU Corp. (NYSE:TXU) announced today that, despite strong demand, it has withdrawn its private offering of approximately $2 billion of senior notes due to a technicality related to the offering memorandum that was brought to the company’s attention after the offering was launched.
TXU Corp. announced today that its board of directors has adopted a revised dividend and cash distribution policy. In addition, the company has increased its outlook for operational earnings for 2005 and completed its performance improvement review.
TXU Corp. (NYSE: TXU) today reported consolidated results for the third quarter ended September 30, 2004.
TXU Power’s Tatum Mine has received the Sentinels of Safety award that recognizes the mine’s outstanding safety record in 2003. The Sentinels of Safety award is considered the most prestigious award in the mining industry.
TXU Corp. (NYSE: TXU) announced today the results of the cash tender offers for its equity-linked debt securities and convertible notes that were announced on September 15.
TXU’s (NYSE: TXU) Martin Lake Mine was recently awarded the U.S. Department of Interior - Office of Surface Mining’s (OSM) 2004 “Excellence in Surface Coal Mining & Reclamation National Award” by Interior Secretary Gale Norton.
On Tuesday, October 26, 2004, John Wilder, president and chief executive of TXU Corp., will provide an update on TXU’s strategy and financial outlook at the EEI Annual Financial Conference in San Diego, California.
TXU Corp. announced today the completion of the merger transaction whereby Atmos Energy Corporation acquired the operations of TXU Gas Company for cash proceeds of $1.905 billion.
TXU Corp. announced today the release of an independent study titled, “TXU Activities Regarding Actual and Potential U.S. Air Emissions and Climate Change Policies.”
TXU Energy Appointments Focus on Continued Improvement of Customer Experience
TXU Energy Company LLC (TXU Energy), a subsidiary of TXU Corp., and Credit Suisse First Boston announced today that they have mutually agreed not to pursue a joint energy marketing and trading venture.
TXU Electric Delivery is hosting this year’s Seniors Days. All seniors can brush-up on their energy efficiency with Super Handyman Al Carrell during Seniors Days 2004.
TXU Corp. will remain in downtown Dallas and will, over time, consolidate downtown employees into the company’s headquarters, Energy Plaza, 1601 Bryan. President and Chief Executive John Wilder made the announcement in an employee forum, ending an extensive review of other options for a Metroplex headquarters location.
TXU Corp. (NYSE:TXU) will release its third quarter earnings and host a conference call to discuss the results on Friday, October 22, 2004.
TXU Corp. (NYSE:TXU) and Atmos Energy Corporation announced today that with the approval by the Missouri Public Service Commission, which is the final required regulatory approval, the sale of TXU Gas Company operations to Atmos Energy for $1.925 billion in cash is expected to close by October 1.
On Tuesday, September 28, 2004, John Wilder, president and chief executive of TXU Corp., will provide an update on TXU’s strategy at the Merrill Lynch Global Power & Gas Leaders Conference in New York. A live web cast of the presentation will be available on the Investor Resources section of TXU Corp.’s web site at www.txucorp.com beginning at approximately 5:45 p.m. EDT. The web cast will be archived on the web site for approximately 14 days.
TXU Corp. (NYSE: TXU) announced today, as part of its debt and capital management program, cash tender offers for its equity-linked debt securities and convertible notes and, subject to market conditions and other factors, potential additional purchases of common stock.
On Wednesday, September 8, 2004, John Wilder, president and chief executive of TXU Corp., will provide an overview of TXU’s strategy at the Lehman Brothers CEO Energy/Power Conference in New York.
TXU Corp. announced today that the board of directors elected Kim Rucker, senior vice president, secretary and chief governance officer and Jim Browne, senior vice president and general tax counsel.
TXU Corp. (NYSE:TXU) announced today that the sale of TXU Australia to Singapore Power for an enterprise value of $3.6 billion is complete.
TXU Corp. today reported consolidated results for the second quarter ended June 30, 2004.
TXU Corp. (NYSE:TXU) and Singapore Power announced that, with the approval today by the Australian Competition and Consumer Commission, the sale of TXU Australia to Singapore Power for an enterprise value of approximately $3.72 billion is expected to close by the end of July.
TXU Energy is offering advice to help customers stay cool while saving money, as the temperature in North Texas today is forecast to reach 100 degrees for the first time in 2004.
TXU Corp. (NYSE: TXU) is offended by the false allegations made by Texas Commercial Energy (TCE) against TXU Corp. and TXU Energy Company LLC and its subsidiaries (TXU Energy) and is exploring potential legal actions. These issues have been addressed and investigated over the past year by the Public Utility Commission of Texas (PUC).
TXU Corp. (NYSE:TXU) will release its second quarter earnings and host a conference call to discuss the results on Thursday, July 29, 2004.
TXU Energy Company LLC (TXU Energy), a wholly-owned subsidiary of TXU Corp. (NYSE: TXU), announced today that it will not complete the partially constructed generating facilities at its Twin Oak location and has therefore abandoned the project. Based on this decision, TXU Energy intends to redeem certain tax-exempt bonds issued to finance facilities at the Twin Oak location.
TXU Corp. announced today that it repurchased 20 million shares of its outstanding common stock through an accelerated share repurchase agreement at an initial price of $39.86 per share. TXU plans to use the shares to offset the majority of up to 21.2 million shares of common stock that would be issued under its $1.017 billion of outstanding equity-linked securities, the terms of which require issuance of common stock in November 2004, November 2005 and May 2006.
TXU announced today that its subsidiaries, TXU US Holdings Company, TXU Energy Company and TXU Electric Delivery Company have refinanced $2.25 billion of bank facilities scheduled to mature in 2005.
TXU Corp. announced today that it has agreed to sell Oncor Utility Solutions consulting and asset management business to UMS Group, a global utility consulting company headquartered in Parsippany, N.J., effective June 18, 2004. The terms of the transaction were not disclosed.
TXU Corp. today announced that it has signed a definitive agreement with Dallas-based Atmos Energy under which Atmos will acquire the operations of TXU Gas Company for $1.925 billion in cash.
TXU Energy today filed a request with the Public Utility Commission of Texas (PUC) to change the company’s electricity prices for North Texas customers due to increased market prices of natural gas. Natural gas is a key component in generating electricity and the key driver of wholesale electricity prices. A decision is expected from the PUC by the end of July.
TXU Electric Delivery Company, formerly Oncor Electric Delivery Company, announced today that its wholly owned, special purpose subsidiary, TXU Electric Delivery Transition Bond Company LLC, formerly Oncor Electric Delivery Transition Bond Company LLC, has completed the issuance of approximately $790 million of Transition Bonds.
Estimated 120,000 still without power; Normal service expected by Saturday Afternoon
As of 4:30 pm today, TXU Electric Delivery, a subsidiary of TXU Corp. (NYSE: TXU), estimated that 120,000 people are without electric service following a hurricane-force storm that struck the system on Tuesday, June 1, leaving more than half a million homes and businesses without power, followed by another round of storms on Wednesday, June 2 that added another 90,000 outages. About 110,000 of the 120,000 remaining outages are in the Metroplex, 97,000 in Fort Worth and 13,000 in Dallas.
TXU Energy customers are urged to contact the company if they are still without electricity due to the powerful storms that slammed into North Texas.
TXU (NYSE:TXU) and Energy Transfer Partners L.P. announced today that the sale of the assets of TXU Fuel Company to Energy Transfer Partners is complete.
In the first action following the completion of his 90-day review of the company, John Wilder, TXU president and chief executive, announced the leadership organization for the company’s restructured core businesses, TXU Electric Delivery, TXU Power, and TXU Energy, as well as the three key corporate groups of finance; legal/regulatory; and planning, strategy and risk.
The Railroad Commission of Texas today ruled on TXU Gas' request to change the company's rates for the 437 incorporated cities that TXU Gas serves throughout its service territory including the Dallas/Fort Worth Metroplex area.
TXU (NYSE:TXU), an energy services company serving 2.6 million electricity customers in Texas, hosted its 2004 annual shareholders meeting today in Fort Worth.
TXU Corp. provided a preview of its investor conference to be held with institutional investors and financial analysts later today. The conference will review the business plan developed by the company over the past 90 days and include discussions of: (i) initiatives to improve customer service, reliability, and operational performance; (ii) transactions to unlock value and reduce risk; (iii) the initial 2005 detailed outlook and high level 2006 outlook; and (iv) announcement of organizational realignment and the new executive management team.
The Public Utility Commission (PUC) of Texas today approved TXU Energy's request to raise the company's electric prices for North Texas residential and business customers. Continuing high natural gas prices led to TXU's request.
TXU Corp. today reported first quarter ended March 31, 2004 earnings of $0.50 per diluted share, after a $0.06 per share loss from discontinued operations, and a $0.01 preference stock dividend. Income from continuing operations was $0.57 per diluted share. Comparable earnings for the first quarter of 2003 were $0.14 per diluted share, including a cumulative effect of changes in accounting principles which lowered earnings by $0.15 per share, a $0.03 per share loss from discontinued operations, and a $0.02 preference stock dividend. Income from continuing operations was $0.34 per diluted share. Special items in the first quarter of 2004 totaled $0.07 per share; no special items were identified in the prior-year quarter.
TXU Corp. (NYSE: TXU) today announced a series of transactions totaling approximately $8 billion: the sale of TXU Australia, the sale of TXU Fuel, its intent to sell TXU Gas and the repurchase of TXU Energy’s Exchangeable Preferred Membership Interests. Additionally, TXU announced expected 2004 results of its 4+4 business improvement program. TXU should realize value and reduced risks from these transactions and initiatives, including an enhanced earnings outlook, reduced debt level, reduced debt to total capital and increased interest coverage ratio.
TXU (NYSE:TXU) announced today that Jerry Farrington, chairman emeritus, is retiring from TXU’s board of directors. John Wilder, who was named president and chief executive of TXU on Monday, February 23, 2004, will replace Farrington on the board.
TXU announced today that the board of directors has selected C. John Wilder as president and chief executive of TXU Corp., effective immediately. Wilder, formerly executive vice president and chief financial officer of Entergy Corporation, will succeed Erle Nye, 66, who is stepping down as chief executive. Nye will continue as chairman of the board through May of 2005. He will remain on the board after that, and it is expected that Wilder will become chairman and chief executive.
TXU announced today the election of Dr. Gail de Planque as the newest member of its board of directors. She replaces Dr. Margaret Maxey, who is retiring as director.
TXU announced today a 65 percent decrease in nitrogen oxide (NOx) emission rates from 1998 to 2003, the equivalent of removing 500,000 cars from area roads.
TXU Corp. launches statewide Energy Awareness Educational Tour.
TXU Gas offers winter tips for customers.
TXU (NYSE:TXU) reported today that its board of directors declared a regular quarterly dividend of 12.5 cents per share on the common stock of the company. The dividend will be paid on October 1, 2003 to shareholders of record as of September 5, 2003.
Continuing to move forward in assisting utilities across the nation, Oncor Utility Solutions, a TXU company, announced today that it will be working with United Illuminating Company (UI). Together they will develop new asset management processes for the 320,000 customers served in the Greater New Haven and Greater Bridgeport areas. This working relationship is expected to allow a new level of efficiency to be reached, providing enhanced customer satisfaction over a long term.
TXU (NYSE: TXU) announced today that earnings from continuing operations, net of preference stock dividends, for the second quarter ended June 30, 2003 were $171 million, or $0.49 per diluted share of common stock. This compares to expectations of $0.35 per diluted share and to earnings from continuing operations for the second quarter of 2002 of $172 million or $0.64 per diluted share of common stock.
TXU (NYSE: TXU) announced today the resignation of Brian N. Dickie, an executive vice president of the company and president of TXU Energy, the North American competitive energy unit. Thomas L. Baker will assume Dickie’s responsibilities.
TXU Gas Company, a subsidiary of TXU Corp. (NYSE: TXU), today filed a rate case with the Railroad Commission of Texas and in 437 incorporated cities that it serves throughout its service territory including the Dallas/Fort Worth Metroplex area. The filing proposes adjustments to the current rates that all classes of customers pay for the transmission and delivery of natural gas to their homes and businesses. The proposed effective date for the new rates is June 27, 2003.
TXU (NYSE:TXU) announced today that it plans to sell the company’s interests in the telecommunications business, TXU Communications, as a part of a continued focus on its leadership position in the energy business in Texas and Australia. The sale is expected to be completed in mid-2004.
TXU (NYSE: TXU) an energy company with over 5 million customers in North America and Australia today announced that earnings from continuing operations before cumulative effect of changes in accounting principles for the first quarter ended March 31, 2003 were $101 million, $0.30 per share of common stock, diluted, exceeding its planned earnings of approximately $0.20 per diluted share. This compares to $252 million, $0.95 per share for the first quarter of 2002. These earnings amounts are net of $5 million in preference stock dividends in each year.
TXU announced management changes, effective today, designed to reduce costs, streamline the organization and increase focus on the operations of its core businesses in North America. The company also announced it is in the process of reducing officers overall by about 30 percent as part of the company’s action plan to cut 2003 costs by a net $250 million from 2002 levels. With the actions today, the majority of officer reductions have been achieved, with the remainder to be concluded by May 1.
TXU will release its fourth quarter earnings and host a conference call to discuss the results on Wednesday, February 5, 2003. TXU will also hold its regular quarterly meeting with analysts on Monday, February 10, 2003 in New York, NY.
TXU Energy signs a multi-year contract, effective Jan.1, 2003, to provide energy and energy-related services to Rio Grande Electric Cooperative Inc.
Eric H. Peterson has been elected to the newly established position of executive vice president and general counsel for TXU.
TXU’s sale of its United Kingdom distribution business and its 50 percent interest in 24seven to London Electricity Group (LE Group) was completed today.
G. Patrich Simpkins, formerly senior vice president and lead managing director of Duke Capital Partners LLC, has been named executive vice president and chief risk officer for TXU.
David W. Biegler, vice chairman of TXU Corp., announced today his plan to retire from the company at the end of the year. Biegler, who was elected vice chairman in May, served as president of TXU Corp. for almost four years following the merger of TXU and ENSERCH Corporation.
Residents of the Bellarine Peninsula will begin to be supplied with natural gas by the winter of 2002.
TXU Networks has engineered an innovative, flexible and "future proof" solution to the growing Berwick region's increasing power requirements.
TXU announced today the election of Jack E. Little of Houston as the newest member of its Board of Directors.
Electricity network assets in the Lower Mitta Valley to receive upgrade between March and October with the Lions share of cost being covered by TXU.
Electricity distributor TXU Networks invested just over $50 million during 2000 in preparing its electricity distribution area for this summer's bushfire season...






