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TXU Europe

TXU is to sell its UK power operations to Eon, the German owner of PowerGen, for £1.62bn, which will involve the transfer of three coal-fired power stations and a London-based combined heat and power scheme.

TXU has acquired the UK electricity and gas supply operations of Amerada Hess for £117m, gaining 400,000 more domestic customers.

TXU is to sell its West Burton coal-fired power station in Nottinghamshire to Electricite de France for £366m, and has confirmed plans to sell its east of England electricity distribution network to EdF for £1.3bn.

TXU Europe Power is set to award a £30m contract to one of four construction companies for the development of a new six-storey headquarters in Ipswich.

TXU Europe and Anglian Water have submitted plans to Northamptonshire County Council to build a "green" energy plant at an existing sewage treatment works in Corby.

TXU Europe is to acquire Norweb's electricity supply business from United Utilities for £310m, and will subcontract customer services to United's Vertex division.