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Energy Future Holdings
Energy Future Holdings Corporation is an electric utility company headquartered in Energy Plaza in Downtown Dallas, Texas, United States. From 1998 to 2007, the company was known as TXU Corporation until its $45 billion leveraged buyout by Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs Capital Partners. That purchase was the largest leveraged buyout in history. , the company has been described as "struggling"〔(''Energy Future Holdings Offers Bankruptcy Plan'' ) April 15, 2013 New York Times〕 which resulted in the April 29, 2014 filing for bankruptcy protection〔(【引用サイトリンク】url=http://www.pacermonitor.com/view/55DNS5Q/Energy_Future_Holdings_Corp__debke-14-10979__0001.0.pdf )〕 under Title 11 of the United States Bankruptcy Code.
The majority of the company's power generation is through coal- and nuclear-power plants.〔
==History==
The company traces its history to the beginnings of electric service in northern Texas. Predecessor companies include Dallas Power & Light (DP&L, founded 1917 with roots dating to 1882), which served the city of Dallas; Texas Electric Service Company (TESCO, founded 1929 with roots dating to 1885), which served Fort Worth and areas west of Abilene; and Texas Power and Light (TP&L, founded 1912), which served other areas of northern and west-central Texas. All three companies were owned by the Electric Bond and Share Company, a subsidiary of General Electric.
DP&L, TP&L and TESCO were connected by a single grid in 1932. The three companies were deemed to be an integrated system with the passage of the Public Utility Holding Company Act of 1935. In 1945, Texas Utilities was formed as a publicly owned holding company that owned DP&L, TP&L and TESCO. The three operating companies continued to operate separately until 1984, when they were merged into one operating company, called TU Electric ("TU" meaning "Texas Utilities"). Following acquisitions of The Energy Group plc in 1998 in the United Kingdom and a power generator in Australia, Texas Utilities became TXU, and was by 2000 the fifth largest energy company in the world, after its purchase of NORWEB from United Utilities and two municipal utility companies in Germany.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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