Two teens injured, one arrested in Sherman stabbing
Updated: 2:58 AM - SHERMAN, TX -- Two teens are hurt and a man is behind bars after a stabbing in Sherman Friday afternoon. Read More
TXU, the largest energy provider in Texas, has agreed to be sold to two private equity firms, Texas Pacific Group and Kohlberg Kravis Roberts & Company, for $45 billion.
The Environmental Defense says this will save customers money, possibly cutting up to ten percent of electrical costs.
The private equity companies purchasing TXU will terminate eight of the eleven contracts for the proposed coal plant, including the proposed plant in Savoy.
The environmental defense is praising this step to move toward more environmental friendly standards, reducing emissions and sidestepping coal-fired power plants.
Concerned Texas environmentalists have been fighting to stop construction of the power plants.
The buyers and TXU say energy efficiency is at the forefront of the deal.
"What a big difference this transaction makes in terms of the posture of the company...(this is) a company who last week was opposed to doing anything about global warming, and today we have new owners who pledge to support global warming legislation."
The deal, which would cut and limit electricity prices for its 2.3 million customers until September 2008, has not been finalized.
Updated: 2:58 AM - SHERMAN, TX -- Two teens are hurt and a man is behind bars after a stabbing in Sherman Friday afternoon. Read More
Posted: 05/17/13 - BONHAM, TX-Several housing units in Bonham have been demolished by the Texoma Council of Governments after years of disrepair and residents said it's about time. Read More
Posted: 05/17/13 - On Tuesday voters passed Thackerville Public Schools latest bond issue with 76 percent of the vote. It's a commitment worth more than $4 million to build a new elementary school. Read More
Posted: 05/16/13 - SHERMAN, TX-After years in the works, phase one of Sherman's Streetscape Project is nearly complete. Thursday, city officials celebrated the success and looked to the future. Read More
Posted: 05/16/13 - DURANT, OK -- They risk their lives every day to protect us, so this week Americans pause to recognize the efforts and sacrifice of law enforcement officers. Thursday, one Texoma community honored those who have lost their lives in the line of duty, as part of Peace Officers Memorial Day. Read More
