Exhibit 21
TXU CORP.
SUBSIDIARY HIERARCHY
Effective 12/31/2004
| | State or Country |
| | of Incorporation |
TXU Corp. | Texas |
TXU US Holdings Investment Company LLC (1) | Delaware |
TXU US Holdings Company | Texas |
TXU Electric Delivery Company | Texas |
TXU Transition Bond Company LLC | Delaware |
TXU Electric Capital I | Delaware |
TXU Electric Capital II | Delaware |
TXU Electric Capital III | Delaware |
TXU Electric Capital IV | Delaware |
TXU Electric Capital V | Delaware |
TXU Electric Capital VI | Delaware |
TXU Electric Capital VII | Delaware |
TXU Electric Capital VIII | Delaware |
| TXU Energy Holdings Company | Texas |
TXU Energy Company LLC (2) | Delaware |
TXU Energy Investment Company LLC (3) | Delaware |
TXU Energy Finance Company LLC | Delaware |
TXU Energy Retail Management Company LLC | Delaware |
TXU Energy Retail Company LP | Texas |
TXU Energy Solutions Management Company LLC | Delaware |
TXU Energy Solutions Investment Company LLC | Delaware |
TXU Energy Solutions Company LP | Texas |
TXU Chilled Water Solutions Company | Texas |
TXU SEM Company | Delaware |
MyHomeKey.com, Inc. (4) | Delaware |
Pantellos Corporation (5) | Delaware |
TXU SESCO Company LLC | Texas |
TXU SESCO Energy Services Company | Texas |
TXU Portfolio Optimization Company LLC | Delaware |
TXU Portfolio Management Company LP | Texas |
TXU Energy Trading (California) Company | Texas |
TXU Energy Trading Canada Limited | Canada |
TXU ET Services Company | Texas |
TXU Mining Management Company LLC | Delaware |
TXU Mining Company LP | Texas |
TXU Big Brown Mining Management Company LLC | Delaware |
TXU Big Brown Mining Company LP | Texas |
TXU Fuel Company | Texas |
Wichita/Victory Ave. LLC | Texas |
TXU Generation Management Company LLC | Delaware |
TXU Generation Company LP | Texas |
Fuelco LLC (6) | Delaware |
TXU Big Brown Management Company LLC | Delaware |
TXU Big Brown Company LP | Texas |
TXU Big Brown Lignite Management Company LLC | Delaware |
TXU Big Brown Lignite Company LP | Texas |
TXU DeCordova Management Company LLC | Delaware |
TXU DeCordova Company LP | Texas |
TXU Tradinghouse Management Company LLC | Delaware |
TXU Tradinghouse Company LP | Texas |
TXU Generation Services Company | Texas |
TXU Pedricktown Management Company LLC | Delaware |
TXU Pedricktown Investment Company LLC | Delaware |
TXU Pedricktown Retail Company LLC | Delaware |
TXU Pedricktown Cogeneration Company LP | Delaware |
| TXU Industries Company LLC | Delaware |
TXU Holdings Company | Delaware |
Communications License Holdings I, Inc | Texas |
TXU Investment Company | Texas |
Pinnacle One GP, LLC (7) | Delaware |
Pinnacle One Partners, L.P. (8) | Delaware |
Pinnacle I, Inc. | Delaware |
TXU Properties Company | Texas |
Basic Resources Inc. | Texas |
Chaco Energy Company | New Mexico |
TXU Development Company | Texas |
EDC Four Inc. (9) | Delaware |
National Pipeline Company | Texas |
Enserch de Mexico S.A. de C.V. (10) | Mexico |
Enserch de Monterrey S. A. de C. V. (11) | Mexico |
| TXU Vermont Insurance Company | Vermont |
| TXU Gas Management Company LLC | Texas |
| TXU Gas Investment Company LLC | Delaware |
TXU Gas Company LP (Subsidiary of TXU Gas Investment Co LLC) | Texas |
TXU Gas Distribution Company (an unincorporated division) | |
TXU Lone Star Pipeline (an unincorporated division) | |
TXU Processing Company | Delaware |
ENS Holdings I, Inc. | Texas |
ENS Holdings Limited Partnership (12) | Texas |
Enserch SACROC, Inc. (13) | Texas |
ENS Holdings II, Inc. | Texas |
ENSERCH E&C Holdings, Inc. | Nevada |
Ebasco Services of Canada Limited | Canada |
ENSERCH E&C, Inc. | Nevada |
Enserch Finance (II), Inc. | Texas |
Enserch Finance N.V. | Netherlands Antilles |
Enserch House, Inc. | Texas |
Oncor Utility Solutions (Texas) Company | Texas |
Oncor Utility Solutions (North America) Company | Texas |
Lone Star Energy Services Inc. | Texas |
LS Energy, Inc. | Texas |
Enserch International Investments Limited | Delaware |
Humphreys & Glasgow Limited (L) | United Kingdom |
TXU Business Services Company | Texas |
TXU CG Management Company LLC | Texas |
TXU CG Holdings Company LP | Texas |
TXU Receivables Company | Delaware |
TXU Finance (No. 2) Holdings Company | Delaware |
TXU United Kingdom Holdings Company | Delaware |
TXU International Holdings Limited | United Kingdom |
TXU Finance (No. 3) Limited | United Kingdom |
TXU Europe Limited(A) | United Kingdom |
TXU Eastern Finance (A) Limited(A) | United Kingdom |
TXU Eastern Finance (B) Limited(A) | United Kingdom |
TXU Eastern Funding Company (14)(A) | United Kingdom |
TXU Europe CP, Inc. | Delaware |
TXU Europe Capital I | Delaware |
TXU Europe Funding I, L.P. (15) | Delaware |
TXU Finance (No. 2) Limited (16)(A) | United Kingdom |
TXU Acquisitions Limited(A) | United Kingdom |
The Energy Group Limited(A) | United Kingdom |
Energy Holdings (No. 2) Limited(A) | United Kingdom |
Consolidated Gold Fields Limited (L) | United Kingdom |
Anglo-French Exploration Company Limited (L) | United Kingdom |
CGF Investments Limited (L) | United Kingdom |
Energy Group International Limited (The) (L) | United Kingdom |
Exploration Ventures Limited (17) (L) | United Kingdom |
Exven Limited (18) (L) | United Kingdom |
Global Energy Finance LLC | Delaware |
Gold Fields Industrial Holdings Limited (L) | United Kingdom |
Gold Fields Mining & Industrial Limited (19) (L) | United Kingdom |
Angbur Investment Trust Limited (L) | United Kingdom |
Rose, Lloyd & Co. Limited (20) (L) | United Kingdom |
Mining & Industrial Holdings Limited (L) | United Kingdom |
Gold Fields Rhodesian Development Company Limited (L) | United Kingdom |
Minven Minerals Limited (21) (L) | United Kingdom |
New Consolidated Gold Fields Limited (L) | United Kingdom |
Peabody Resources (UK) Limited | United Kingdom |
Gold Fields Resources Limited (22) | United Kingdom |
Gold Fields Industrial Limited (L) | United Kingdom |
C. Tennant, Sons & Company Limited (L) | United Kingdom |
Tennant Trading Limited (L) | United Kingdom |
Tennant Security Limited (L) | United Kingdom |
Gold Fields Mahd Adh Dhahab Limited (L) | United Kingdom |
TXU Europe Group plc(A) | United Kingdom |
TXU Europe (Blade No. 2) Limited(L) | United Kingdom |
TXU Europe (Blade) Limited(L) | United Kingdom |
TXU Germany Limited(A) | United Kingdom |
TXU (UK) Holdings Limited(A) | United Kingdom |
Energy Holdings (No.6) Limited(A) | United Kingdom |
Eastern Electricity Holdings Limited(A) | United Kingdom |
TXU (UK) Limited(A) | United Kingdom |
Speechnet Limited(L) | United Kingdom |
TXU Direct Sales Limited(L) | United Kingdom |
Norweb Energi Limited(L) | United Kingdom |
Master Registration Agreement Services (23) | United Kingdom |
F.W. Cook (Mechanical Services) Limited(L) | United Kingdom |
Eastern Group Insurance Services Limited | Isle of Man |
Eastern Corporate Insurance Limited | Isle of Man |
Eastern Generation Poland Sp. z.o.o.(A) | Poland |
Giupep Limited (L) | Poland |
Zamosc Energy Company Sp. z o.o. (24) | Poland |
Synergia Trading S.A.(L) | Spain |
Eastern Norge Svartisen A.S. | Norway |
Web Power Limited | Mauritius |
TXU Europe Property Limited | United Kingdom |
Eastern Group Finance Limited (L) | United Kingdom |
TXU Europe Leasing (4) Limited(L) | United Kingdom |
TXU Europe Leasing (5) Limited(L) | United Kingdom |
TXU Europe Overseas Finance Limited(L) | United Kingdom |
TXU (PT1) Limited(L) | United Kingdom |
TXU Finland Holdings Limited(A) | United Kingdom |
Logicalform Limited | United Kingdom |
TXU Europe Power Limited(A) | United Kingdom |
Anglian Power Generators Limited(A) | United Kingdom |
Stallingborough CHP Limited(A) | United Kingdom |
TXU Europe (Partington) Limited(L) | United Kingdom |
TXU Europe Power Development Limited(L) | United Kingdom |
TXU Europe Merchant Generation Limited(L) | United Kingdom |
TXU Europe Merchant Properties Limited(L) | United Kingdom |
Peterborough Power Limited(A) | United Kingdom |
Shotton Combined Heat and Power Limited(A) | United Kingdom |
Barking Power Limited (25) | United Kingdom |
TXU Europe Renewable Generation Limited (L) | United Kingdom |
TXU Europe Power Production Services Limited(L) | United Kingdom |
TXU Europe Power Services Limited(A) | United Kingdom |
Nedalo BV(L) | Netherlands |
Nedalo (UK) Limited | United Kingdom |
TXU Europe Energy Trading Limited(A) | United Kingdom |
Precis (2264) Limited(L) | United Kingdom |
TXU Europe (AHG Shipping Services) Limited(L) | United Kingdom |
TXU Europe Natural Gas (Trading) Limited(L) | United Kingdom |
TXU Europe Energy Trading BV(A) | Netherlands |
TXU Europe Ireland I | Netherlands |
TXU Europe German Finance BV (L) | Netherlands |
TXU Europe Energy Trading (UK) Limited(L)United Kingdom | United Kingdom |
TXU Europe Energy Trading (Deutschland) GmbH | Germany |
TXU Europe (Deutschland Beteiligung) Gmbh | Germany |
ARES Energie-Direkt GmbH(R) | Germany |
TXU Europe Energy Trading (Nederland) BV | Netherlands |
TXU Stadtwerke Holdings Gmbh & Co.KG | Germany |
TXU Stadtwerke Beteiligung Gmbh | Germany |
TXU Europe Energy Trading (Poland) Sp. z.o.o | Poland |
TXU Europe Energy Trading (Italia) SpA (26)(L) | Italy |
Apriliasviluppo SrL | Spain |
Parque Eólico La Carracha SL (27) | Spain |
Parque Eólico Plana de Jarreta SL (28) | Spain |
Nuevos Parques Eólicos La Muela AIE (29) | Spain |
Eastern Private Network Management LTD | United Kingdom |
Eastern Energy Management Limited(L) | United Kingdom |
Eastern Metering Services Limited | United Kingdom |
TXU Europe Group Trustees Limited | United Kingdom |
TXU Europe Trading Limited(L) | United Kingdom |
Eastern Group Finance Limited(L) | United Kingdom |
Hutchins LTD (L) | United Kingdom |
Energy Group Holdings B.V.(A) | Netherlands |
Energy Group Overseas B.V.(A) | Netherlands |
Energy Holdings (No. 3) Limited(L) | United Kingdom |
Energy (30) Limited(L) | United Kingdom |
Energy Holdings (No. 4) Limited(A) | United Kingdom |
Energy Holdings (No. 5) Limited(A) | United Kingdom |
TEG Head Office Limited(L) | United Kingdom |
Energy Holdings (No. 1) Limited(A) | United Kingdom |
Major Insurance Company(L) | Bermuda |
Alliedhike Limited(L) | United Kingdom |
Energy Nominees Limited (L) | United Kingdom |
Energy Resources Limited (L) | United Kingdom |
| TXU Australia (No. 2) Holdings Company | Delaware |
___________________________
(Administration)
(Liquidation)
(1) 100% ownership of Class B non-voting common stock of TXU US Holdings Company
(2) 99% owned by TXU US Holdings Company, 1% owned by TXU Energy Holdings Company
(3) 16.1% owned by TXU Energy Solutions Company LP
(4) 5.389% owned by TXU Energy Solutions Company LP
(5) 5.389% owned by TXU Energy Solutions Company LP
(6) 92% membership interest owned by TXU Generation Company LP
(7) 50% Class B Membership owned by TXU Investment Company
(8) 49.75% limited partnership interest owned by TXU Investment Company,
..5% general partnership interest owned by Pinnacle One GP, LLC
(9) 50% owned by TXU Development Company
(10) 99% owned by National Pipeline Company and 1% owned by TXU Development Company
(11) 99.99% owned by Enserch de Mexico S.A. de C.V. and .01% owned by TXU Development Company
(12) 1% owned by ENS Holdings I, Inc., 99% owned by ENS Holdings II, Inc.
(13) .035% owned by ENS Holdings Limited Partnership, 99.65% owned by Enserch Finance (II), Inc.
(14) 50% owned by TXU Eastern Finance(A) Limited and 50% owned by TXU Eastern Finance (B)
Limited
(15) Owned 15% by TXU Europe Ltd., and 85% by TXU Europe Capital I
(16) 90% owned by TXU Europe Limited and 10% owned by TXU Finance (No. 2) Holdings Company
(17) 50% owned by Energy Holdings (No. 2) Limited
(18) Owned 76% by Energy Holdings (No. 2) Limited and 24% by Consolidated God Fields)
(19) 70% owned by Gold Fields Limited
(20) 50% owned by Angbur Investment Trust Limited and 50% owned by Gold Fields Mining & Industrial Limited
(21) 30% owned by Gold Fields Limited
(22) 80% owned by Energy Holdings (No. 2) Limited and 20% owned by Peabody Resources (UK) Limited
(23) 11% owned by TXU UK Limited
(24) 49% owned by TXU Europe Group plc.
Subsidiaries of PVO track with the various classes of stock issued by PVO. Only the owner of the individual classes of shares are entitled to the income and power production of the subsidiary which tracks with the particular class of stock. The only entitlement which other owners have is equal distribution in the case of complete liquidation. TXU Nordi Energy owners 60.2% of the class C shares of PVO. This represents approximately 14.7% of the total of PVO. Therefore, TXU Nordic only has rights to those entities which track to the Class C shares or those entities which do not track to a specific class of shares, except in the case of liquidation.
(25) 13.5% owned by TXU Europe Power Limited
(26) 99% owned by TXU Europe Energy Trading BV and 1% owned by TXU Europe Group plc.
(27) 40% owned by TXU Europe Energy Trading BV
(28) 40% owned by TXU Europe Energy Trading BV
(29) 50% owned by Parque Eólico La Carracha SL and 50% owned by Parque Eólico Plana de Jarreta SL
Except as noted above, the voting stock of each subsidiary company and their subsidiaries and affiliates is wholly owned (100%) by its parent or a wholly-owned affiliate.
Affiliates | |
| | |
| | State or County |
| | of Incorporation |
| | or Organization |
| ICMC Power Consortium, Inc. (1) | New York |
| Barking Power Limited(2) | United Kingdom |
| EIP Holdings LLC (3) | Delaware |
| Master Registered Agreement Services (4) | United Kingdom |
| EIP Holdings LLC (5) | Delaware |
_______________________
(1) 12.93% owned by TXU Development Company.
(2) 13.5% owned by TXU Europe Power Limited.
(3) 20% ($2.5M) membership interest owned by TXU Energy Trading Company.
(4) 5.55% owned by TXU UK Limited and 5.55% owned by Norweb Energi Limited
(5) 20% (2.5M) membership interest owned by TXU Portfolio Management Company LP.
