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Website: http://www.txucorp.com TXU operates a portfolio of energy businesses: TXU Energy, Luminant, and Oncor. TXU Energy is a competitive retailer that provides electricity and related services to more than 2.1 million electricity customers in Texas. Luminant is a competitive power generation business, including mining, wholesale marketing and trading, construction and development operations.Luminant has over 18,300 MW of generation in Texas, including 2,300 MW of nuclear and 5,800 MW of coal-fueled generation capacity. Luminant is also the largest purchaser of wind-generated electricity in Texas and fifth largest in the United States. Oncor is a regulated electric distribution and transmission business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor operates the largest distribution and transmission system in Texas, providing power to three million electric delivery points over more than 101,000 miles of distribution and 14,000 miles of transmission lines. The company agreed to be bought by private equity firms Kohlberg Kravis Roberts and Texas Pacific Group for $69.25 per share. The deal has yet to be finalized. History TXU orginated all the way back in 1882 and that company became Dallas Power & Light in 1917, and then joined with two other utilities in 1945 under the Texas Utilities holding company. The three merged in 1984 to become TU Electric. The TXU name was adopted in 1999 as the company expanded operations and quickly grew to become one of North America's leading energy services companies and energy retailers. Benefits - Comprehensive Medical Coverage which
includes prescription drug coverage. Updated August 27, 2007 |