TXU Energy moving headquarters to Irving |
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Mon, 26 Nov 2007 23:19
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DALLAS (AP) - TXU Energy said Monday it would move its headquarters and about 400 employees from downtown Dallas to suburban Irving early next year.The company had promised to establish separate headquarters from other divisions of parent Energy Future Holdings Corp.TXU Energy sells electricity to about 2.1 million residential and business customers, mostly in north Texas. It's a unit of Energy Future Holdings Corp., which bought TXU Corp. and renamed it.Energy Future also owns Luminant, the largest power generator in Texas, and Oncor Electric Delivery, a power-distribution unit. Energy Future is a group of private equity firms and investment banks that bought the former TXU Corp. for $32 billion.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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