HOUSTON, TEXAS (October 2007) – Quintana Capital Group, L.P., Quintana Energy Partners, L.P., and its affiliated partners (collectively, "Quintana"), announced today the successful completion of its co-investment in Texas Energy Future Holdings Limited Partnership, which was formed to acquire TXU Corp. Following the merger, TXU Corp. was renamed Energy Future Holdings Corp.
Donald L. Evans, former Secretary of the U.S. Department of Commerce, who also serves as a Director of the General Partner of Quintana Capital Group, L.P., was named non-executive chairman of Energy Future Holdings Corp. Secretary Evans stated, “We are pleased with the results of today’s vote. This transaction is not only good for TXU shareholders, but also for TXU customers and residents across the state of Texas. I look forward to working with the TXU board, management and employees to demonstrate our commitment to being a leading corporate citizen, to implementing stronger environmental policies and to providing reliable and affordable power.”
Energy Future Holdings 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 the fifth largest in the United States. Oncor is a regulated electric distribution and transmission business. Through its asset management expertise, Oncor provides reliable delivery of electricity 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.
Contact for Quintana Capital Group, L.P.: Loren Soetenga Chief Operating Officer 713-751-7527
