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Energy Future Holdings' profit rises

Energy Future Holdings Corp., the parent company of TXU Energy, Luminant and Oncor, announced Thursday a gain in third-quarter profit -- and the closing of the company’s sale of a minority interest in Oncor to an investment group that operates under the name Borealis Infrastructure Management.

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Energy Future Holdings Reports Third Quarter Results and Announces Closing of Sale of Minority Interest in Oncor

DALLAS--(BUSINESS WIRE)--Energy Future Holdings Corp. (EFH), today reported consolidated financial results for the third quarter and year-to-date periods ended September 30, 2008 in the

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Luminant settles with PUC

Luminant, a power generation company under the umbrella of Energy Future Holdings Corp., agreed this week to pay an administrative penalty of $15 million to the Public Utility Commission of Texas. The penalty is in relation to allegations that surfaced in 2007, claiming Luminant was involved in wholesale electric market manipulation.

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KKR Private Equity Investors Reports Results for Quarter Ended September 30, 2008

... September 30, 2008 were: -- A decrease of $132.8 million in the value of the investment in Energy Future Holdings Corp. ("EFH"), which was marked from 1.4 times cost as of June 30, 2008 to 1.0 times as of September 30, 2008; -- A net decrease of $95.4 million in the value of the investment in NXP B.V. ("NXP"), which was marked on a U.S. dollar basis from 0.9 times cost as of...

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Private Equity Draws the Cold Shoulder

... public offering until 2009. It also substantially reduced the valuations on several of its largest holdings in the third quarter, including the large Texas utility Energy Future Holdings Corp., formerly TXU Corp., by 28% and Dutch semiconductor company NXP BV by about 45%.

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Groups opt to avoid paying cash on debt

Energy Future Holdings Corp, the former TXU Texas power generator, is joining the growing group of private equity-owned companies taking advantage of the ability to suspend cash interest payments on a portion of its debt.

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TXU reveals lower prices

TXU Energy, the electric retail subsidiary of Energy Future Holdings Corp., said Thursday the company is lowering prices for certain customers under particular residential plans.

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KKR Amsterdam unit says KKR IPO won't be until 2009

... investment losses in KPE's portfolio reflected a wide range of assets, including Energy Future Holdings Corp., NXP, convertible notes from Sun Microsystems , Capmark Financial Group, Alliance Boots and the Nielsen Company.At the end of September, KPE said it had investments of $3.87 billion, cash of $3.63 million and debt of $7.77 million.In late July, KPE and...

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Oncor Schedules Third Quarter Earnings Call

Oncor is a regulated electric distribution and transmission business that provides reliable electricity delivery to consumers. Oncor operates the largest distribution and transmission system in Texas, providing power to 3 million electric delivery points over more than 102,000 miles of distribution and 14,000 miles of transmission lines. While Oncor is a subsidiary of Energy Future Holdings...