Four Former TXU Corp. executives, including the former vice chairman and COO of TXU Electric and TXU Gas, have set up shop to acquire, construct and manage natural gas assets in North America. The Dallas-based Estrella Energy LP plans to focus on intrastate and regional interstate pipeline assets.

Estrella will be managed by David Biegler, former vice chairman, COO and group president of TXU Electric and TXU Gas. Biegler, a 37-year energy veteran, also is past CEO of ENSERCH and the former president of Lone Star Gas Co.

Mike Hunter is past president of TXU’s pipeline business unit and also served as president of Lone Star Pipeline Co. while he was at ENSERCH. Hunter also is past president of interstate gas pipelines Mississippi River Transmission Corp. and Arkla Energy Resources and also was vice president, corporate development for Transok Inc.

Rick Lemmon, another partner, is the former vice president of strategy and finance at TXU’s Oncor Group. He also was the chief audit executive at ENSERCH. And Rick Lentz is the former senior vice president of pipeline operations and engineering at TXU and at ENSERCH. Lentz also has served as a consultant for Booz, Allen, and Hamilton and held technical positions with Monsanto, Rockwell and Bechtel.

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