TXU Corp. to Discuss Business Strategy and Outlook at EEI Annual Financial Conference16 October 2005
TXU Corp. (NYSE: TXU) announced today that its senior leadership team plans to discuss the company's business strategy and outlook during the November 6 - 9, 2005 EEI Annual Financial Conference in Hollywood, Florida. A live web cast of TXU's formal presentation on Tuesday, November 8th, will be available on the Investor Resources section of TXU Corp.'s website at http://www.txucorp.com beginning at approximately 8:15 a.m. Eastern time (7:15 a.m. Central). A replay of the web cast will be available on TXU Corp.'s website later that day and archived on the website for approximately 90 days for those unable to participate in the live event. As previously announced, TXU Corp. is undertaking a detailed review of its financial strategy and business plans. The results of this review and the company's financial outlook are expected to be discussed at the conference.
TXU Corp., a Dallas-based energy company, manages a portfolio of competitive and regulated energy businesses in North America, primarily in Texas. In the competitive TXU Energy Holdings segment (comprised of electricity generation, wholesale marketing and retailing), TXU Energy provides electricity and related services to more than 2.4 million competitive electricity customers in Texas, more customers than any other retail electric provider in the state. TXU Power has over 18,300 megawatts of generation in Texas, including 2,300 MW of nuclear and 5,837 MW of lignite/coal-fired generation capacity. The company is also one of the largest purchasers of wind-generated electricity in Texas and North America. TXU Wholesale optimizes the purchases and sales of energy for TXU Energy and TXU Power and provides related services to other market participants. TXU Corp.'s regulated segment, TXU Electric Delivery, is an electric distribution and transmission business that complements the competitive operations, using asset management skills developed over more than one hundred years, to provide reliable electricity delivery to consumers. TXU Electric Delivery operates the largest distribution and transmission system in Texas, providing power to three million electric delivery points over more than 100,000 miles of distribution and 14,000 miles of transmission lines. Visit http://www.txucorp.com for more information about TXU Corp.
Source: PR Newswire
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