UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-K

            |X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                   FOR THE FISCAL YEAR ENDED DECEMBER 31, 2001
                                     -- OR--
          |_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

              EXACT NAME OF REGISTRANT
              AS SPECIFIED IN ITS
              CHARTER; ADDRESS OF                                STATE OR OTHER
COMMISSION    PRINCIPAL EXECUTIVE OFFICES;   I.R.S. EMPLOYER     JURISDICTION OF
FILE NUMBER   AND TELEPHONE NUMBER           IDENTIFICATION NO.  INCORPORATION
--------------------------------------------------------------------------------

001-15709-01  TXU Europe Capital I           75 - 6578216          Delaware
              Energy Plaza
              1601 Bryan Street
              Dallas, Texas 75201-3411
              (214) 812-4600


SECURITIES REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:

                                                        NAME OF EACH EXCHANGE ON
REGISTRANT                  TITLE OF EACH CLASS             WHICH REGISTERED
----------                  -------------------             ----------------

TXU Europe Capital I      9 3/4% Trust Originated            New York Stock
                           Preferred Securities                Exchange

--------------------------------------------------------------------------------

SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:  None


Indicate by check mark whether the registrants (1) have filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrants were required to file such reports), and (2) have been subject to
such filing requirements for the past 90 days.   Yes  X     No
                                                     ---   ---

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of the registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [X]

Aggregate market value of common equity held by non-affiliates:  None



DOCUMENTS INCORPORATED BY REFERENCE: : PROSPECTUS, DATED FEBRUARY 24, 2000,
FILED PURSUANT TO RULE 424(B) (3) IN CONNECTION WITH REGISTRATION STATEMENT ON
FORM S-1 (NOS. 333-93509, 333-93509-01, 333-93509-02 AND 333-93509-03) FILED BY
THE REGISTRANT, TXU EUROPE FUNDING I, L. P., TXU EASTERN FUNDING COMPANY AND TXU
EUROPE LIMITED, INCORPORATED IN PART BY REFERENCE IN PART I.


<PAGE>


                                TABLE OF CONTENTS
                                                                           Page

                                     PART I

ITEM 1.  BUSINESS ............................................................1

         SUMMARY CORPORATE STRUCTURE..........................................1

         TXU EUROPE CAPITAL I ................................................1

         TXU EUROPE LIMITED...................................................1

ITEM 2.  PROPERTIES...........................................................2

ITEM 3.  LEGAL PROCEEDINGS....................................................2

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS..................2


                                     PART II

ITEM 5.  MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED
         STOCKHOLDER MATTERS..................................................2

ITEM 6.  SELECTED FINANCIAL DATA..............................................2

ITEM 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS..................................2

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT.......................3
         MARKET RISK

ITEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA..........................4

ITEM 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
         ACCOUNTING AND FINANCIAL DISCLOSURE..................................11


                                    PART III

ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT...................11

ITEM 11. EXECUTIVE COMPENSATION...............................................11

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.......11

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.......................11


                                     PART IV

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K......12


SIGNATURES   .................................................................14


                                        i


<PAGE>


                                     PART I

     ITEM 1.  BUSINESS

                           SUMMARY CORPORATE STRUCTURE

         TXU Corp.

                  TXU Europe Limited

                           TXU Europe CP, Inc.

                                  TXU Europe Capital I



                              TXU Europe Capital I

TXU Europe Capital I (TXU Europe Capital or the Trust) is a statutory business
trust created under the Delaware Business Trust Act pursuant to a trust
agreement (Trust Agreement) and the filing of a certificate of trust with the
Secretary of State of the State of Delaware on November 22, 1999. The Trust
Agreement was subsequently amended by an Amended and Restated Trust Agreement
dated as of March 2, 2000. TXU Europe CP, Inc. (the Control Party), a Delaware
corporation, retains administrative and appointment powers with respect to the
trust by virtue of its ownership of the trust's control certificate. The control
certificate does not provide any economic interest in the trust to the Control
Party. The trust exists for the exclusive purpose of (i) issuing the control
certificate and 9 3/4% Trust Originated Preferred Securities (Preferred Trust
Securities) representing undivided beneficial ownership interests in the assets
of the Trust, (ii) investing the gross proceeds from the issuance of the
Preferred Trust Securities in 9.75% Preferred Partnership Securities of TXU
Europe Funding I, L.P. (Partnership), representing the limited partnership
interests of the Partnership and (iii) engaging in only those other activities
necessary or incidental thereto. The Trust has a perpetual existence, subject to
certain termination events as provided in its Amended and Restated Trust
Agreement. The Trust has no employees.


                               TXU EUROPE LIMITED

     TXU Europe Limited is the sole general partner of the Partnership. In
addition, the Control Party is a wholly-owned subsidiary of TXU Europe Limited.
TXU Europe Limited is a private limited company incorporated under the laws of
England and Wales on February 5, 1998 and is an indirect wholly-owned subsidiary
of TXU Corp. TXU Corp. is a global energy services company that engages in
electricity generation, wholesale energy trading, retail energy marketing,
energy delivery, other energy related services and, through a joint venture,
telecommunications services. TXU Europe Limited is a holding company for TXU
Corp.'s United Kingdom (UK) and other European operations.

     Almost all of TXU Europe Limited's operating income is derived from TXU
Europe Group plc (TXU Europe Group) and TXU Europe Group's subsidiaries, and
almost all of TXU Europe Limited's consolidated assets are held by TXU Europe
Group and TXU Europe Group's subsidiaries. TXU Europe Limited owns 90% of the
outstanding ordinary shares of TXU Finance (No. 2) Limited, (TXU Finance). The
remaining 10% of TXU Finance's outstanding ordinary shares are owned by a
wholly-owned US subsidiary of TXU Corp.


                                       1
<PAGE>


     TXU Eastern Funding is a private unlimited company incorporated under the
laws of England and Wales and is a wholly-owned indirect subsidiary of TXU
Europe Limited. TXU Eastern Funding was organized solely to provide funding for
the operations of TXU Europe Limited and its subsidiaries by issuing debt
securities and lending the proceeds to TXU Europe Limited.

ITEM 2.  PROPERTIES

     None

ITEM 3.  LEGAL PROCEEDINGS

      TXU Europe Capital knows of no material legal or arbitration proceedings
which could have a material adverse effect upon TXU Europe Capital's business or
financial position.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     None


                                     PART II



ITEM 5.   MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

     The control certificate of the Trust and the general partnership interest
in the Partnership are owned directly or indirectly by TXU Europe Limited and
ultimately held indirectly by TXU Corp.

ITEM 6.  SELECTED FINANCIAL DATA

     The Trust has been in existence from formation (November 22, 1999). The
financial condition and results of operations as of and for the years ended
December 31, 2001 and 2000 for the Trust are presented elsewhere herein. As
there were no changes in the financial condition or results of operations for
the period from formation through December 31, 1999, a table of selected
financial data was not considered necessary and has not been provided herein.

ITEM 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

     The Registrants' activities are limited to issuing securities and investing
the proceeds as follows:

     The Trust exists for the exclusive purpose of (i) issuing a control
certificate, which entitles the holder to administrative and appointment powers
with respect to the Trust, and Preferred Trust Securities representing undivided
beneficial ownership interest in the assets of the Trust, (ii) investing the
gross proceeds from the issuance of the Preferred Trust Securities in Preferred
Partnership Securities representing the limited partnership interests of the
Partnership and (iii) engaging in only those other activities necessary or
incidental thereto. The Trust has a perpetual existence, subject to certain
termination events as provided in its Amended and Restated Trust Agreement. The
Partnership is managed by the general partner and exists for the exclusive


                                       2
<PAGE>


purpose of (i) issuing its Partnership interests, (ii) purchasing certain
eligible debt instruments of TXU Eastern Funding Company and TXU Europe Group
plc with the proceeds from (a) the sale of its Preferred Partnership Securities,
representing limited partnership interests in the Partnership, to the Trust and
(b) a capital contribution from TXU Europe Limited in exchange for the general
partnership interest in the Partnership (collectively, the Partnership
Proceeds).

     Since the Trust was organized on November 22, 1999, its activities, as
specified in its Amended and Restated Trust Agreement, have been limited to the
issuance of $150 million of Preferred Trust Securities and the investing of the
proceeds in the Preferred Partnership Securities, and the accrual and payment of
distributions on the Preferred Trust Securities in accordance with their terms.

     Distributions on the Preferred Trust Securities, cumulative from the March
2, 2000 issuance date, were declared and paid to the respective holders of those
securities on June 30, 2000. Additional quarterly distributions were made on
October 2, 2000, December 29, 2000, March 30, 2001, July 2, 2001, September 28,
2001 and December 31, 2001.


ITEM 7A.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

     The Partnership initially invested the Partnership Proceeds in subordinated
debentures of TXU Eastern Funding Company and TXU Europe Group plc, both
subsidiaries of TXU Europe Limited, and in short-term commercial paper
securities. The subordinated debentures held by the Partnership are guaranteed
by TXU Europe Limited on a subordinated basis.

     On May 11, 2001, TXU Europe Group plc deposited cash with the trustee under
the indenture pursuant to which its subordinated debentures were issued in order
to satisfy its obligations with respect to the payment of principal and interest
on the subordinated debentures and to discharge the indenture. TXU Europe Group
plc also irrevocably authorized the trustee to redeem the subordinated
debentures on March 2, 2005. The trustee will hold the cash deposited in trust
to pay principal and interest when due through the redemption date. TXU Europe
Group plc has agreed to pay to the trustee any shortfall if the deposited cash,
together with any earnings thereon, is insufficient to pay any principal,
interest or other amounts that may become due on the subordinated debentures.

     On March 2, 2000, the Trust invested the gross proceeds from the sale of
the Preferred Trust Securities in the Preferred Partnership Securities (the
Trust Assets). The Partnership, in turn, invested the proceeds from the sale of
the Preferred Partnership Securities and a $26 million capital contribution from
TXU Europe Limited in junior subordinated debentures of TXU Eastern Funding
Company and TXU Europe Group plc and eligible debt securities (the Partnership
Assets). To the extent the Partnership has funds available from the Partnership
Assets, the general partner of the Partnership (TXU Europe Limited) may declare
distributions to the Trust, as holder of the Preferred Partnership Securities.
The Trust's ability to pay distributions to the holders of the Preferred Trust
Securities is dependent upon its receipt of distributions on the Trust Assets
from the Partnership. Therefore, upon the receipt by the Partnership of payments
from the Partnership Assets and the distribution thereof to the Trust, the Trust
will pass through such payments to the holders of the Preferred Trust
Securities.

     Interest rate market risk is not significant to the Trust as all of the
securities and investments involved, except for the eligible debt securities,
are at fixed rates. A change in market interest rate has no effect on interest
accrued or on cash flows. Investments in eligible debt securities during the
year ended December 31, 2001 were in the form of US Treasury bills or commercial
paper, which are of short-term duration and earn interest at current market
rates. The carrying value of these securities approximates their fair value.
Earnings on these securities previously invested in through December 31, 2001
are being accumulated and rolled over into principal as the securities mature as
the general partner has not yet declared a distribution of those earnings.

     There is a currency risk associated with the payment of funds as the
earnings of TXU Europe Limited and TXU Europe Group plc are in UK pounds
sterling but the payments on the Preferred Trust Securities are in US dollars.


                                       3
<PAGE>


ITEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA


                                       4
<PAGE>


                          INDEPENDENT AUDITORS' REPORT
                          ----------------------------


To the Trustees of TXU Europe Capital I

          We have audited the accompanying balance sheets of TXU Europe Capital
I (the "Trust") as of December 31, 2001 and 2000, and the related statements of
income and cash flows for the years then ended. These financial statements are
the responsibility of the Trust's management. Our responsibility is to express
an opinion on these financial statements based on our audits.

         We conducted our audits in accordance with auditing standards generally
accepted in the United States of America. Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

         In our opinion, such financial statements present fairly, in all
material respects, the financial position of the Trust as of December 31, 2001
and 2000, and the results of its operations and its cash flows for the years
ended December 31, 2001 and 2000 in conformity with accounting principles
generally accepted in the United States of America.



DELOITTE & TOUCHE
January 31, 2002
London, England


                                       5
<PAGE>


TXU EUROPE CAPITAL I
STATEMENTS OF INCOME



                                                Year Ended December 31,

                                                -----------------------

                                                     2001           2000
                                                    -------        ------


Income on preferred partnership securities.....    $14,625,000    $12,187,500


Distribution expense on preferred trust .......    (14,625,000)   (12,187,500)
 securities


Net income ....................................     $         -   $         -
                                                    ===========    ===========


See Notes to Financial Statements.


                                       6
<PAGE>


TXU EUROPE CAPITAL I
STATEMENT OF CASH FLOWS

<TABLE>
<CAPTION>

                                                                                    Year Ended
                                                                                   December 31,
                                                                        -----------------------------------
                                                                             2001               2000
                                                                        ----------------    ---------------
<S>                                                                      <C>               <C>
INVESTING ACTIVITIES
      Investment in preferred partnership securities.............        $           -      $(150,000,000)
      Income received from investment in preferred partnership
         securities .............................................           14,625,000         12,187,500
                                                                          ------------       ------------
         Cash provided from (used in) investing activities ......           14,625,000       (137,812,500)

FINANCING ACTIVITIES
     Issuance of preferred trust securities .....................                    -        150,000,000
     Distribution on preferred trust securities .................          (14,625,000)       (12,187,500)
                                                                          -------------     -------------

         Cash (used in) provided by financing activities ........          (14,625,000)       137,812,500
                                                                          -------------       -----------
Net change in cash and cash equivalents .........................                    -                  -
                                                                          -------------       -----------
Cash and cash equivalents - beginning balance ...................                    -                  -
                                                                          -------------       -----------

Cash and cash equivalents - ending balance ......................         $          -        $         -
                                                                          =============       ===========

</TABLE>

See Notes to Financial Statements.


                                       7
<PAGE>


TXU EUROPE CAPITAL I
BALANCE SHEETS

<TABLE>

                                                                                   December 31,
                                                                        -----------------------------------

                                                                             2001                2000
                                                                        ----------------    ---------------
<S>                                                                      <C>                <C>

ASSETS

Investment in preferred partnership securities...................         $150,000,000        $150,000,000
                                                                        --------------      --------------

      Total assets ..............................................         $150,000,000        $150,000,000
                                                                        ==============      ==============


CAPITALIZATION AND LIABILITIES

Stockholders equity
    Preferred trust securities (93/4% Trust Originated Preferred
        Securities;  6,900,000 authorized, 6,000,000 issued and
        outstanding; $25 liquidation amount per security) .......         $150,000,000        $150,000,000


            Total stockholders' equity ..........................          150,000,000         150,000,000
                                                                        --------------      --------------
            Total capitalization and liabilities ................         $150,000,000        $150,000,000
                                                                        ==============      ==============

</TABLE>

See Notes to Financial Statements.



                                       8
<PAGE>


              NOTES TO FINANCIAL STATEMENTS OF TXU EUROPE CAPITAL I


1.   DESCRIPTION OF BUSINESS

          TXU Europe Capital I (the Trust) is a statutory business trust formed
     on November 22, 1999 under the laws of the State of Delaware for the
     exclusive purpose of (i) issuing 9 3/4% Trust Originated Preferred
     Securities (Preferred Trust Securities) representing undivided beneficial
     ownership interest in the assets of the Trust, (ii) purchasing 9.75%
     Preferred Partnership Securities (Preferred Partnership Securities)
     representing the limited partnership interests of TXU Europe Funding I,
     L.P. (the Partnership) with the proceeds from the sale of the Preferred
     Trust Securities, and (iii) engaging in only those other activities
     necessary or incidental thereto. The Trust has a perpetual existence,
     subject to certain termination events as provided in its Amended and
     Restated Trust Agreement.

          The proceeds from the Trust's sale of the Preferred Trust Securities
     were used to purchase the Preferred Partnership Securities from the
     Partnership. Holders of the Preferred Trust Securities have limited voting
     rights and are not entitled to vote to appoint, remove or replace, or to
     increase or decrease the number of, Trustees, which voting rights are
     vested exclusively in the holder of a control certificate.

          TXU Europe Limited, the ultimate parent of the Trust and the general
     partner of the Partnership, has paid compensation to the underwriters of
     the offering of the Preferred Trust Securities. TXU Europe Limited will pay
     all fees and expenses related to the organization and operations of the
     Trust (including any taxes, duties, assessments or governmental charges of
     whatever nature (other than withholding taxes) imposed by the United States
     or any other domestic taxing authority upon the Trust) and the offering of
     the Preferred Trust Securities and is responsible for all debts and other
     obligations of the Trust (other than the Preferred Trust Securities). TXU
     Europe Limited has also agreed to indemnify the trustees and certain other
     persons. During the year ended December 31, 2000, TXU Europe Limited paid
     approximately $6.3 million for costs associated with the formation of the
     Trust, for the issuance of the Preferred Trust Securities and for other
     expenses on behalf of the Trust.

2.   BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

          The financial statements are prepared in conformity with accounting
     principles generally accepted in the United States of America (US GAAP).

          USE OF ESTIMATES - The preparation of the Trust's financial statements
     requires management to make estimates and assumptions about future events
     that affect the reporting and disclosure of assets and liabilities at the
     balance sheet dates and the reported amounts of revenue and expense during
     the periods covered by the financial statements. In the event estimates
     and/or assumptions prove to be different from actual amounts, adjustments
     are made in subsequent periods to reflect more current information.

          INVESTMENTS - The investment in Preferred Partnership Securities
     represents a limited partnership interest in the Partnership and is
     recorded at cost. As of December 31, 2001, the fair value of the investment
     approximates its carrying value. Income on the Preferred Partnership
     Securities is accrued when earned.

          COMPREHENSIVE INCOME - Comprehensive income consists only of net
     income.

          INCOME TAXES - The Trust does not incur any income tax liabilities.
     Such liabilities are incurred directly by the security holders. Therefore
     no provision for income taxes has been provided.


                                       9
<PAGE>


3.   INVESTMENT IN PREFERRED PARTNERSHIP SECURITIES

          The Trust holds $150 million of Preferred Partnership Securities, $25
     liquidation preference per security. The distribution payment dates and
     redemption provisions of the Preferred Partnership Securities, which are
     redeemable after March 2, 2005 at the option of TXU Europe Limited, the
     general partner of the Partnership, correspond to the distribution payment
     dates and redemption provisions of the Preferred Trust Securities. Upon any
     redemption of the Preferred Partnership Securities, the Preferred Trust
     Securities will be redeemed. TXU Europe Limited has guaranteed, on a
     subordinated basis, the payment of distributions by the Partnership on the
     Preferred Partnership Securities if, as, and when declared out of funds
     legally available and payments upon liquidation of the Partnership or the
     redemption of the Preferred Partnership Securities to the extent of funds
     legally available.

4.   STOCKHOLDERS' EQUITY

          On March 2, 2000, the Trust issued to investors 6,000,000 units of
     Preferred Trust Securities for an aggregate of $150 million. The Preferred
     Trust Securities have a liquidation preference of $25 per unit. The
     Preferred Trust Securities are subject to mandatory redemption upon payment
     of the Preferred Partnership Securities. Distributions on the Preferred
     Trust Securities are cumulative from the date of original issue (March 2,
     2000) and are payable quarterly in arrears on each March 31, June 30,
     September 30 and December 31, commencing June 30, 2000, at an annual rate
     of 9.75% of the stated liquidation amount per annum. Distributions not paid
     on the scheduled payment date will accumulate and compound quarterly at a
     rate per annum equal to 9.75%. Holders of the Preferred Trust Securities
     have no voting rights.

          The Trust will use distributions it receives on the Preferred
     Partnership Securities to make cash distributions on the Preferred Trust
     Securities. Distributions on the Preferred Trust Securities were made on
     June 30, October 2, and December 29, 2000. Additional quarterly
     distributions were made on March 30, 2001, July 2, 2001, September 28, 2001
     and December 31, 2001.

          TXU Europe Limited has guaranteed, on a limited basis, the payment in
     full of all distributions and other payments on the Preferred Trust
     Securities to the extent that the Trust has funds legally available. TXU
     Europe Limited has also issued guarantees of the Preferred Partnership
     Securities and the junior subordinated debentures held by the Partnership.
     These guarantees are subordinated to all other unsubordinated liabilities
     of TXU Europe Limited.

5.   OTHER

          On May 11, 2001, TXU Europe Group plc deposited cash with the trustee
     under the indenture pursuant to which its subordinated debentures were
     issued in order to satisfy its obligations with respect to the payment of
     principal and interest on the subordinated debentures and to discharge the
     indenture. TXU Europe Group plc also irrevocably authorized the trustee to
     redeem the subordinated debentures on March 2, 2005. The trustee will hold
     the cash deposited in trust to pay principal and interest when due through
     the redemption date. TXU Europe Group plc has agreed to pay to the trustee
     any shortfall if the deposited cash, together with any earnings thereon, is
     insufficient to pay any principal, interest or other amounts that may
     become due on the subordinated debentures.


                                       10
<PAGE>


ITEM 9.   CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
          FINANCIAL DISCLOSURES


None


                                    PART III


ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

The Trust has no directors or officers. The Trustees of the Trust are as
follows:

Administrative Trustees:            Kirk R. Oliver
                                    Tony Horton
                                    Michael Perkins
                                    Philip S. Toler

Property Trustee:                   The Bank of New York
Delaware Trustee:                   The Bank of New York (Delaware)

     Mr. Oliver is the Treasurer of TXU Corp. and Senior Vice President and
Treasurer of certain other TXU Corp. subsidiaries. Mr. Horton is Director of
Finance for TXU Business Services Company. Mr. Perkins is Manager of Compliance
and Analysis for TXU Business Services Company. Mr. Toler is Manager of Finance
for TXU Business Services Company.


ITEM 11. EXECUTIVE COMPENSATION

     None of the Administrative Trustees of the Trust receives any compensation
for serving as an Administrative Trustee or acting in any capacity for the Trust
separate from his or her compensation as an employee of TXU Corp.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

     The control certificate of the Trust is owned directly or indirectly by TXU
Europe Limited and ultimately held indirectly by TXU Corp.

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     TXU Europe Limited has agreed to pay all fees and expenses related to the
organization and operations of the Trust.


                                       11
<PAGE>


                                     PART IV


ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K

     (a)  The financial statement schedules are omitted because of the absence
          of the conditions under which they are required or because the
          required information is included in the consolidated financial
          statements or notes thereto.


     (b)  Reports on Form 8-K:

          None


     (c)  Exhibits:

          a)  Exhibits filed as a part of Part II are:


<TABLE>
<CAPTION>

                        Previously Filed*
                 ---------------------------------
   Exhibit        With File Number      As Exhibit
----------       -----------------     -----------

<S>             <C>                      <C>        <C>    <C>

3(a)                333-93509;            3(e)       -      Trust Agreement of TXU Europe Capital I, dated as of
                   333-93509-01;                            November 22, 1999.
                 333-93509-02 and;
                   333-93509-03

3(b)                333-93509;            3(f)       -      Certificate of Trust of TXU Europe Capital I, dated
                   333-93509-01;                            November 22, 1999.
                 333-93509-02 and;
                   333-93509-03

3(c)                333-93509;            3(g)       -      Agreement of Limited Partnership  of TXU Europe
                   333-93509-01;                            Funding I, L.P., dated as of November 22, 1999.
                 333-93509-02 and;
                   333-93509-03

3(d)                333-93509;            3(h)       -      Certificate of Limited Partnership of TXU Europe
                   333-93509-01;                            Funding I, L.P., dated November 22, 1999.
                 333-93509-02 and;
                   333-93509-03

3(e)                  1-12833            4(rrr)      -      Amended and Restated Trust Agreement, dated as of
                 Form 10-K (1999)                           March 2, 2000, among TXU Business Services Company,
                                                            TXU Europe Limited, TXU Europe CP, Inc., and The Bank
                                                            of New York, The Bank of New York (Delaware), and the
                                                            Administrative Trustees of TXU Europe Capital I.

3(f)                  1-12833            4(sss)      -      Amended and Restated  Agreement of Limited
                 Form 10-K (1999)                           Partnership, dated as of March 2, 2000, of TXU Europe
                                                            Funding I, L.P.

4(a)                  1-12833            4(ttt)      -      Preferred Trust Securities Guarantee, dated as of
                 Form 10-K (1999)                           March 2, 2000, between TXU Europe Limited and The
                                                            Bank of New York.

4(b)                  1-12833            4(uuu)      -      Preferred Partnership Securities Guarantee, dated
                 Form 10-K (1999)                           as of March 2, 2000, between TXU Europe Limited and
                                                            The Bank of New York.


                                       12
<PAGE>


4(c)                  1-12833            4(vvv)      -      Indenture (for Unsecured Subordinated Debt
                 Form 10-K (1999)                           Securities), dated as of March 2, 2000, among
                                                            Funding, TXU Europe Limited and The Bank of New York.

4(d)                  1-12833            4(www)      -      Officer's certificate, dated as of March 2, 2000,
                 Form 10-K (1999)                           establishing the terms of the 9.75% Junior
                                                            Subordinated
                                                            Deferrable Interest
                                                            Debentures, Series
                                                            A, due March 2,
                                                            2020, of TXU Eastern
                                                            Funding Company.

4(e)                  1-12833            4(xxx)      -      Deposit Agreement, dated as of March 2, 2000,
                 Form 10-K (1999)                           between The Bank of New York and TXU Eastern Funding
                                                            Company.

4(f)                  1-12833            4(yyy)      -      Indenture (for Unsecured Subordinated Debt
                 Form 10-K (1999)                           Securities) dated as of March 2, 2000, among TXU
                                                            Europe Group, TXU Europe Limited and The Bank of New
                                                            York.

4(g)                  1-12833            4(zzz)      -      Officer's Certificate, dated as of March 2, 2000,
                 Form 10-K (1999)                           establishing the terms of the 9.75% Junior
                                                            Subordinated
                                                            Deferrable Interest
                                                            Debentures, Series
                                                            A, due March 2, 2020
                                                            of TXU Europe Group.

4(h)                  1-12833             4(A)       -      Deposit Agreement, dated as of March 2, 2000,
                 Form 10-K (1999)                           between The Bank of New York TXU Europe Group plc.

99(a)             001-15709-01 and        99(a)       -     Prospectus, dated February 24, 2000, relating to the
                 333-82307-02 Form                          Preferred Trust Securities
                    10-K (1999)


</TABLE>




                                            -----------------------
                                            * Incorporated herein by reference.


                                       13
<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, TXU Europe Capital I has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.



                                               Title                 Date
                                               -----                 ----

             Signatures
             ----------

          /s/ Kirk Oliver               Administrative Trustee  |
------------------------------------                            |
           (Kirk Oliver)                                        |
                                                                |
                                                                |
          /s/ Tony Horton               Administrative Trustee  |
------------------------------------                            |
           (Tony Horton)                                        |
                                                                |
                                                                |
        /s/ Michael Perkins             Administrative Trustee  | March 25, 2002
------------------------------------                            |
         (Michael Perkins)                                      |
                                                                |
                                                                |
          /s/ Philip Toler              Administrative Trustee  |
------------------------------------                            |
           (Philip Toler)                                       |



         TXU Europe Capital I has no principal executive officer, principal
financial officer, principal accounting officer or board of directors. The
Trustees of the Trust (which include the Administrative Trustees, the Property
Trustee and the Delaware Trustee) together exercise all powers and perform all
functions with respect to the Trust.