Texas Genco (NYSE:TGN)
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Texas Genco Declares $0.25 Quarterly Dividend
HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- The Board of Directors of Texas
Genco Holdings, Inc. (NYSE:TGN), a majority-owned subsidiary of CenterPoint
Energy, Inc. (NYSE:CNP), declared a quarterly cash dividend of $0.25 per share
of common stock, payable on September 20, 2004, to holders of record as of the
close of business on August 26, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030127/DAM020LOGO )
Texas Genco Holdings, Inc., based in Houston, Texas, is one of the largest
wholesale electric power generating companies in the United States with over
14,000 megawatts of generation capacity, of which approximately 2,500 megawatts
are currently in mothball status. It sells electric generation capacity,
energy and ancillary services in one of the nation's largest power markets, the
Electric Reliability Council of Texas (ERCOT). Texas Genco has one of the most
diversified generation portfolios in Texas, using natural gas, oil, coal,
lignite, and uranium fuels. The company owns and operates 60 generating units
at 11 electric power-generating facilities and owns a 30.8 percent interest in
a nuclear generating plant. Texas Genco currently is a majority-owned
subsidiary of CenterPoint Energy, Inc. For more information, visit our web
site at http://www.txgenco.com/ .
http://www.newscom.com/cgi-bin/prnh/20030127/DAM020LOGO
http://photoarchive.ap.org/
DATASOURCE: Texas Genco Holdings, Inc.
CONTACT: media, Leticia Lowe, +1-713-207-7702, or investors, Marianne
Paulsen, +1-713-207-6500, both of Texas Genco Holdings, Inc.
Web site: http://www.txgenco.com/