• Most Popular
  • Most Shared

TXU, InfrastruX suspend joint venture

Wed Apr 11, 2007 10:22pm EDT
TXU (TXU), TXU Electric Delivery Company, a subsidiary of TXU, and InfrastruX Group, a national provider of utility-related construction and maintenance services, announced today that they have mutually agreed to suspend their agreements relating to the InfrastruX Energy Services Group LP joint venture. The parties plan to terminate these agreements upon closing of the transaction under which an investor group led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group will acquire TXU Corp.



More from Reuters

Photo

Producer prices surge, factory activity slows

WASHINGTON (Reuters) - U.S. producer prices rose faster than expected in November, while a gauge of manufacturing in the New York state unexpectedly fell this month, creating a potential headache for the Federal Reserve. | Video

» More Top News
The Boeing 787 Dreamliner aircraft is surrounded by employees and special guests during its world premiere outside the Boeing assembly plant in Everett, Washington, in this July 8, 2007 file photo. REUTERS/Robert Sorbo/Files

Dreamliner set for test flight

Boeing's fuel-efficient 787 will take off on its first test flight, nearly two and a half years behind schedule. But the hurdles aren't over.  Full Article 

Aerospace and Defense Summit
Demonstrator holds a signboard with a slogan "Bla bla bla ACT NOW" during a rally outside the UN Climate Change Conference in Copenhagen, December 12, 2009. Credit: REUTERS/Christian Charisius

Rewarding polluters

A climate change scientist blasts proposals for a cap and trade system, arguing that it allows dirty industries to continue polluting, instead of rewarding innovation.  Full Article 

Climate Conference