TXU to Become Second Largest Energy Retailer in the United Kingdom

All UK customers have been able to choose their energy supplier since 1999. The retail business is the non-regulated sale of electricity and natural gas while the delivery systems (distribution and transmission wires and pipes) remain regulated. TXU Europe will now be responsible for providing electricity and natural gas to over 5.6 million customer accounts while Vertex will handle the related customer services operation.

BOSTON–The Royal Dutch/Shell Group and Bechtel Enterprises Holdings Inc. announced recently an agreement to expand the scope of their InterGen joint venture. The agreement broadens InterGen’s asset portfolio, enhances value through shareholder strengths, and aligns Shell’s energy marketing and trading worldwide with InterGen’s position as a global leader in power generation development.

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