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TXU's looming bankruptcy casts even more uncertainty onto an already bleak market outlook. Moody's predicted that the bankruptcy would have "no material impact on the grid," but that's because it ...
In the midst of this, TXU brags that almost 100,000 customers — 1 in 15 — have signed up for a “free” electricity program. Dick Bunting of Bonham tells me he studied the plans and says ...
4. Aurelius’s lawyers say the inter-company loans made to EFH by Texas Competitive Electric Holdings weren’t arm’s-length transactions, meaning they may not have been made in good faith.
April 29, 2014 / 7:17 AM CDT / CBS Texas DALLAS (CBSDFW.COM) -- The parent company for TXU Energy and Oncor has filed for Chapter 11 bankruptcy protection, the company announced on Tuesday.
Staff writer Mia Castillo reports: North Texans who can’t pay their electricity bills will continue to get the help they need thanks to a $5 million contribution to the TXU Energy Aid program ...
TXU shareholders OK buyout by KKR, TPG-led investor group Published: Sept. 7, 2007 at 11:49 a.m. ET Share ...
Capgemini Energy, the services entity formed in July when it won a 10-year, $3.5 billion deal to manage back-office operations for TXU, plans to eliminate 200 to 230 former TXU positions.
C. John Wilder made a fortune selling the Texas utility he led, TXU Corp., to financial firms. Now other financiers, including Wilbur Ross, are turning to Mr. Wilder to rescue a different energy ...
TXU Corp. <TXU.N> on Tuesday named two executives as part of its plan to separate the company into three distinct units as it moves to be acquired by a group of private equity firms led by ...
Dallas-based TXU has agreed to be acquired by an investment group led by private-equity firms Texas Pacific Group and Kohlberg Kravis Roberts. Some news sources say the deal is valued at $45 ...
TXU Corp. agreed to sell its electricity-distribution business in England to London Electricity Group for $1.87 billion and the assumption of $1 billion in debt. The sales price represents a slim ...