(Reuters) - "TXU is not permitted to unilaterally shut down power plants," the investors said. "There is no intention among the investor group to shut down plants, especially those needed to ensure reliability. We intend to file a letter with the PUC confirming these commitments."
The two private equity firms, who have agreed to acquire TXU through a venture holding company called Texas Pacific Texas Energy Future Holdings LP, strongly urged TXU straighten out matters pertaining to balancing energy offers to ensure that affordable and reliable power.
Read more at Reuters.com Mergers News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment