TXU drops closure threat

This story from the Dallas Morning News reports that TXU has now retracted it's letter to state regulators that stated it might close or mothball certain plants if it could not come to terms with the Public Utilities Commission over fines stemming from accusations of market manipulation.

Additional links from the story:

Mike McCall reads his apology

Text of TXU's apology

KKG and TPG statement on TXU letter

Read the letter TXU wrote suggesting it might turn off some plants (.pdf)

Read more about TXU's plans in Texas

Previous Lex Scripta entry: TXU threatents to shut down plants.