Luminant Name Adopted for TXU Corp.'s Power Generation and Related Businesses
10 Julho 2007 - 10:49AM
PR Newswire (US)
Brand Reflects Increased Environmental Commitment DALLAS, July 10
/PRNewswire-FirstCall/ -- Starting today, "Luminant" is the new
name for TXU Corp.'s power generation and related businesses, which
include mining, wholesale marketing and trading, construction and
development operations. The Luminant brand was announced in May
with advertising to help business partners and the public become
familiar with the new name prior to today's official transition.
Adopting the new brand is a milestone as the Luminant business
transforms and further focuses on providing cleaner energy,
investing in renewable energy, leading the state as the largest
purchaser of wind power and ensuring that customers' power needs
are met safely and reliably. "We chose the Luminant name and its
blue-and-green brand identity to reflect our environmental
commitment and our vision for a new energy company to meet Texans'
electricity needs," said Tom Baker, vice chairman, TXU Corp.
Several Luminant changes are occurring today and in the coming
weeks. The Luminant brand is replacing the TXU Power brand on power
plants and other facilities, vehicles, and other locations. The
people and assets of the power generation, wholesale marketing and
trading and related businesses will start using the Luminant name.
Luminant business partners will experience no change in day-to-day
operations as a result of the new name. Luminant will remain
headquartered in Dallas and will continue to provide jobs and
investment in local communities across Texas. This formal change to
the Luminant brand is a significant step in the separation of the
TXU businesses -- Luminant, Oncor and TXU Energy -- and will
enhance customer recognition of these separate businesses. "While
these businesses are already separate entities, we are pleased to
announce this new brand because the communities we serve, Texas
legislators, the PUC and other market participants asked us for
more distinctive branding of each business," Baker added. About TXU
TXU Corp., a Dallas-based energy company, manages a portfolio of
competitive and regulated energy businesses primarily in Texas,
including TXU Energy, Luminant, and Oncor. TXU Energy is a
competitive retailer that provides electricity and related services
to more than 2.1 million electricity customers in Texas. Luminant
is a competitive power generation business, including mining,
wholesale marketing and trading, construction and development
operations. Luminant has over 18,300 MW of generation in Texas,
including 2,300 MW of nuclear and 5,800 MW of coal-fueled
generation capacity. Luminant is also the largest purchaser of
wind-generated electricity in Texas and fifth largest in the United
States. Oncor is a regulated electric distribution and transmission
business that uses superior asset management skills to provide
reliable electricity delivery to consumers. Oncor operates the
largest distribution and transmission system in Texas, providing
power to three million electric delivery points over more than
101,000 miles of distribution and 14,000 miles of transmission
lines. Visit http://www.txucorp.com/ for more information about TXU
Corp. DATASOURCE: TXU Corp. CONTACT: Don Klausmeyer,
+1-214-812-5904, for TXU Corp. Web site: http://www.txu.com/
http://www.txucorp.com/
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