Company Overview Visit txu.com website
TXU is a major energy company in the United States. In 2007, TXU merged with Energy Future Holdings Corporation, which was later rebranded as Oncor Electric Delivery Company LLC shortly after acquiring 3 million customers from The Texas Competitive Electric Holdings Company.
The company's business strategy has been to diversify into unregulated areas that offer more stab had planned revenue and growth potential such as electric transmission and energy services.
Their holding company, Energy Future Holdings Corporation, was acquired in 2007 after spinning off three competitive subsidiaries: Cinergy (renamed Luminant), Texas Genco (renamed NRG) and Hudson Capital (renamed Dynegy). EFH began acquiring power generation assets through its subsidiary, EFH Properties, later renamed Energy Future Intermediate Holding Company.
The company is committed to developing innovative ways of providing electricity nationally and also looks globally for technologies that can help TXU build a better future.