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Interconnection to ERCOT will be through transmission lines owned by TXU, formerly the Texas Utilities Electric Company.
Texas Utilities Electric Company, serving the Dallas-Forth Worth metroplex and Central Texas, and Houston Lighting & Power Company are the two largest electric utilities in Texas.
In reviewing the new Energy Group, DCR has also reaffirmed the ratings of TXU and its subsidiaries, Texas Utilities Electric Company (TUE) and ENSERCH Corporation (ENS).
Calpine is also selling energy to wholesale customers in the Texas market including LG&E Energy Marketing and Texas Utilities Electric Company.
28 /PRNewswire/ -- Texas Utilities Electric Company (NYSE: TXU) (TU Electric) today announced plans to redeem all of the outstanding $100 million principal amount of its First Mortgage and Collateral Trust Bonds, 9% Series due April 1, 2022.
Texas Utilities Electric Company will participate in Calpine's Pasadena power marketing program, purchasing up to 150 megawatts of electricity under a two-year agreement beginning December 1, 1999.
24 /PRNewswire/ -- Texas Utilities Company (NYSE: TXU) (Company) announced that it is commencing an offer to purchase any or all of the shares of the following series of Preferred Stock and Depositary Shares of Texas Utilities Electric Company (TU Electric) at the price indicated for each Series.
The Big Spring project will sell all of its renewable energy to Texas Utilities Electric Company under a 15 year contract with renewal options.