DALLAS, TX -
Luminant, the power generation business unit of Energy Future Holdings Corp. (EFH), will relocate its downtown Dallas headquarters to the Lincoln Plaza building at 500 N. Akard, where it will occupy six floors. The move is expected to be completed during the first quarter of 2008 and involves approximately 750 employees in Luminant's power generation, mining, wholesale trading and marketing, construction and development operations; support groups; and additional business partners.
Luminant's headquarters change fulfills a commitment made by EFH as part of its recent merger to transition its businesses into three separate and distinct business units, each with separate headquarters, while remaining in the Dallas-Fort Worth area.
“We believe relocation to Lincoln Plaza is the best solution for our business and our employees,”
said Mike McCall, chief operating officer of Luminant. “There will be no disruption to our power generation and related businesses. It's cost-effective and the space is flexible and can be easily configured to meet our business needs while giving us maximum future flexibility. ”
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About Luminant
Luminant, a subsidiary of Energy Future Holdings Corp. (EFH) formerly named TXU Corp., 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. EFH is a Dallas-based energy holding company that has a portfolio of competitive and regulated energy subsidiaries, primarily in Texas. Visit https://www.luminant.com/ for more information about Luminant.
About Energy Future Holdings
Energy Future Holdings Corp., formerly named TXU Corp., is a Dallas-based energy holding company, with a portfolio of competitive and regulated energy subsidiaries, primarily in Texas, including TXU Energy, Luminant and Oncor. TXU Energy is a competitive retailer that provides electricity and related services to 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. While Oncor is a subsidiary of EFH, Oncor reports to a separate and independent board. Visit www.energyfutureholdings.com for more information.
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Don Klausmeyer
214-812-5904