TXU Europe on the brink of collapse

- By Risk Staff
- 01 Nov 2002

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The possible collapse of a second major UK generating firm in the space of a month is fuelling fears of a wider crisis in the UK energy market. In October, TXU Europe – part of the US-based TXU group – was put up for sale by its parent company after mounting losses due to low power prices. TXU Europe defaulted on at least one major payment, and analysts suggested it could be forced into bankruptcy.

TXU’s problems, coming so soon after the financial collapse of nuclear generator British Energy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net

TXU Europe on the brink of collapse

Sorry, our subscription options are not loading right now

You are currently on corporate access.