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Home > Company Index > Utilities > Diversified Utilities > TXU Europe Group plc

TXU Europe Group plc
 NEWS FROM THE STANDARD
Commerce One Storms Into Asia
Nov 29 2000 04:02 AM PST

 PROFILE
TXU Europe Group (formerly Eastern Group) keeps teakettles perking in eastern and northwestern England. The TXU subsidiary supplies electricity to some 4.4 million customers and gas to 1.1 million customers in the UK, marketing under the brands Eastern Energy and Norweb Energi. TXU Europe subsidiaries include regional electricity company Eastern Electricity and Eastern Natural Gas. The group has a generating capacity of 6,830 MW and is involved in energy trading throughout Europe. Through joint venture 24seven, a network operator named for its round-the-clock service for power stations, the group helps manage electricity distribution in the UK. TXU Europe is combining its energy retail, trading, and power units.

 COMPETITION
Centrica plc (CNA)
Innogy Holdings plc (IOG)
Scottish and Southern Energy plc (SSE)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6,972.40
1-Yr. Sales Growth: 14.9%
Employees: 3,200
Revenue per employee: $2,178,875.00

 KEY PEOPLE
• Philip G. Turberville
    CEO
• Scott Longhurst
    CFO

 CONTACT INFO
The Adelphi, 1-11 John Adams Street
London WC2N 6HT, United Kingdom
Phone: 44-20-7879-8081
Fax: 44-20-7879-8082
Online: Web Site

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