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.

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