Company Overview of Luminant Generation Company LLC
Luminant Generation Company LLC generates power. The company generates electricity via coal and nuclear resources; and purchases and sells wind-generated electricity. It also supplies industrial and commercial open access transportation gas; and offers natural gas services, such as firm supply, scheduling, nomination, balancing, and hedging to manufacturing, steel, glass, heat treating, chemical, refining, and food service industries, as well as hospitals, hotels, and commercial buildings. In addition, the company provides real estate e-searchers with information on homes, vacant lots, and acreages. It serves customers in the United States. Luminant Generation Company LLC was formerly known ...
1601 Bryan Street
Dallas, TX 75201
Key Executives for Luminant Generation Company LLC
Chief Financial Officer and Senior Vice President
Vice President and General Counsel
Chief People Officer and Vice President
Compensation as of Fiscal Year 2014.
Luminant Generation Company LLC Key Developments
Energy Future To Spin Off Texas Competitive
Apr 17 15
Energy Future Holdings Corp. said it hopes to start the actual restructuring trial in November 2015 under which Texas Competitive Electric Holdings Company LLC would spin off from Energy Future Holdings Corp. in a tax-free transaction that takes Luminant Generation Company LLC and TXU Energy Retail Management Company, LLC with it.
Luminant Announces Unprecedented Resolution of Sierra Club Lawsuits
Dec 17 14
On Decemer 17, 2014, Luminant Generation Company LLC finalized an agreement with the Sierra Club under which the Sierra Club will drop multiple pending legal matters against the company. In return, Luminant will not seek payment from Sierra Club of $6.45 million in fees awarded to the company. A federal judge determined in August of 2014 that a Sierra Club citizen lawsuit against Luminant was "frivolous, unreasonable” and "groundless” and ordered Sierra Club to pay Luminant $6.45 million in legal fees and costs. This followed a February 2014 trial that resulted in a complete victory for Luminant on Sierra Club's claims that Luminant violated state and federal laws at its Big Brown Power Plant. The federal court denied all relief Sierra Club requested.
Luminant Updates Lawsuit by the Sierra Club
Feb 26 14
A federal district judge in Waco February 26, 2014 ruled for Luminant in a lawsuit brought by the Sierra Club alleging Clean Air Act violations at the Big Brown Power Plant in Freestone County. Following a three-day non-jury trial, Judge Walter S. Smith, Jr. ruled that no violations had occurred at the plant and denied all of the Sierra Club’s requested relief. In response to the judge’s decision, the company announced that this is a significant legal victory for it. This decision is a full vindication and demonstrates the integrity of each and every Luminant employee. The Sierra Club’s lawsuit, filed in May, 2012, alleged that Luminant had violated the Clean Air Act based on certain emissions that occurred during maintenance, startup and shutdown events at the plant from July 2007 to the present. The lawsuit requested more than $330 million in civil penalties and sought an injunction requiring Luminant to replace the existing emissions-control equipment with new equipment at a cost of approximately $140 million. The court, however, found that the Sierra Club's allegations were without merit.
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