Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
DALLAS (AP) — Electricity generator Luminant is cutting about 600 jobs as it closes three coal-fired power plants and a mine in Texas.
The Texas Workforce Commission said Monday that Luminant plans to make the layoffs in January.
Luminant previously announced that it would shutter the Monticello, Big Brown and Sandow power plants. The filing with regulators puts a number on the affected jobs, nearly half of which are at the Three Oaks mine near Elgin, Texas.
The company is closing the power plants because of competition from cheap natural gas, low wholesale power prices and an increase in renewable generation.
Luminant is part of Irving, Texas-based Vistra Energy Corp., which also owns Texas electric retailer TXU Energy.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.






