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Published online 27 February 2007 | Nature | doi:10.1038/news070226-5
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Big green buyout
Texan takeover may signal changes in the way America generates electricity.
Controversial plans for eight new coal-fired power plants in Texas look likely to be scrapped as part of a proposed buyout of Dallas-based electricity generator TXU Corporation.
The US$45-billion deal that has been announced between TXU and investors led by Kohlberg Kravis Roberts & Co.
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