energy future holindings 110606EEIrelease

TXU Corp outlines its vision to displace older, less efficient power plants with new advanced power generation technologies across the US. It has progressed plans to develop 16-23 GW of new capacity, including 9.1 GW under development in Texas. TXU aims to meet growing electricity needs through reliable, affordable and cleaner sources while providing appropriate returns. It updated its financial outlook, establishing expected earnings per share of $5.25-$5.55 in 2007 and 8-10% compound annual growth over five years.