Energy Future Holdings - Buyout

Buyout

Private equity firms KKR, TPG Capital, and Goldman Sachs Capital Partners purchased TXU in 2007; the sale became final on October 10, 2007. As part of the buyout, the electric distribution part of the company is now called Oncor Electric Delivery, the electric generation business is called Luminant, leaving TXU Energy as solely a retail provider of electricity without any electrical distribution or production assets. Luminant owns and operates the Comanche Peak nuclear power plant.