Texas Genco Declares $0.25 Quarterly Dividend
May 13 2004 - 7:10PM
PR Newswire (US)
Texas Genco Declares $0.25 Quarterly Dividend HOUSTON, May 13
/PRNewswire-FirstCall/ -- The Board of Directors of Texas Genco
Holdings, Inc. , a majority-owned subsidiary of CenterPoint Energy,
Inc. , declared a quarterly cash dividend of $0.25 per share of
common stock, payable on June 18, 2004, to holders of record as of
the close of business on May 26, 2004. 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/
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