Texas Genco Declares $0.25 Quarterly Dividend
August 05 2004 - 3:20PM
PR Newswire (US)
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/
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