Tuesday, September 26, 2006

Exelon-TXU?

Dallas Morning News via PEI:
Exelon chief executive John Rowe said in a news report during the weekend that he's still shopping and that he's most interested in power-generation assets, particularly nuclear power plants.

An Exelon spokeswoman confirmed that company executives have discussed a deal with TXU. The idea wasn't necessarily to merge but possibly to swap generation capacity, or to strike a deal for Exelon to own or manage TXU's nuclear assets.