TXU Corp.’s exit from Europe last fall pushed the Dallas-based utility to huge fourth quarter losses, with the write off of $4.2 billion on its failed investments overseas. However, management said it would “aggressively” refocus on North American and Australian assets going forward, estimating its growth “beyond” 2003 would be in the range of 4-6%.
Mirror
Articles from Mirror
Skilling: Gas Trading Advances Coming to Power
Change in the electric industry will mirror what took place inthe gas industry following deregulation and the introduction ofcompetition, particularly with regard to trading, Enron PresidentJeffrey K. Skilling told attendees at Ernst & Young LLP’s ninthannual Energy Conference last week in Houston.
October 12, 1998
Skilling Sees Trading Advances Coming to Power
Change in the electric industry will mirror what took place inthe gas industry following deregulation and the introduction ofcompetition, particularly with regard to trading, Enron PresidentJeffrey K. Skilling told attendees at Ernst & Young LLP’s ninthannual Energy Conference in Houston Tuesday.
October 7, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
