Energy Future Holdings Corp., formerly TXU Corp., is a Dallas-based, privately held energy company with a portfolio of competitive and regulated energy subsidiaries. TXU Energy, Luminant and Oncor, EFH's primary businesses, serve the high-growth Texas electricity market, which is one of world's largest and among the nation's most successful competitive markets.
EFH represents the transformation of TXU Corp. into a private company. A group of investors led by Kohlberg Kravis Roberts & Co., TPG and Goldman Sachs Capital Partners completed the acquisition of TXU on October 10, 2007. The deal was one of the largest buyouts ever at $45 billion.
TXU Energy is a utility that provides electricity and related services to more than 2 million customers in Texas.
Oncor is Texas’s largest regulated electric delivery business and the sixth largest in the U.S. It supplies electricity to approximately 7.5 million consumers in a service area of over 400 communities in east, west and north-central Texas, including Dallas, Fort Worth, Midland, Odessa, Killeen, Waco, Wichita Falls and Tyler.
Luminant is a competitive power generation business with plant and mine operations, wholesale marketing and trading, and construction and development of new power plants. It has over 18,300 megawatts of generation in Texas, including 2,300 megawatts of nuclear and 5,800 megawatts of coal generation.
TXU orginated all the way back in 1882 and that company became Dallas Power & Light in 1917, and then joined with two other utilities in 1945 under the Texas Utilities holding company. The three merged in 1984 to become TU Electric. The TXU name was adopted in 1999 as the company expanded operations and quickly grew to become one of North America's leading energy services companies and energy retailers.
- Comprehensive Medical Coverage which
includes prescription drug coverage.
Updated August 23, 2009