SOURCE: Industrial Info Resources

February 28, 2007 08:01 ET

TXU Nixes Plans for Eight Coal-Fired Unit Additions, an Industrial Info News Alert

SUGAR LAND, TX -- (MARKET WIRE) -- February 28, 2007 -- Researched by Industrial Info Resources (Sugar Land, Texas). Texas Utilities (TXU) (NYSE:TXU) stated Monday morning that it has placed eight of its eleven planned coal-fired units on hold due to an initial buyout agreement with private consortium groups Kohlberg Kravis Roberts Company and the Texas Pacific Group, two of the nation's largest investment firms.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=109834, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Information Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns. For more information send inquiries to powergroup@industrialinfo.com or visit us at www.industrialinfo.com.

Contact Information

  • Joe Govreau
    713-783-5147