Readers could have seen your ad here when reading this story. Email
       Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation

NextEra Files Complaint At FERC To Prevent PG&E From Abrogating Wholesale PPAs In Bankruptcy

January 21,2019

NextEra Energy, Inc. and NextEra Energy Partners, L.P. (collectively, “NextEra”) filed at FERC a petition for declaratory order, complaint and request for expedited action (“petition”) against Pacific Gas and Electric Company (“PG&E”), pursuant to sections 206 and 306 of the Federal Power Act (“FPA”), 16 U.S.C. §§ 824e, 825e, and Rules 206 and 207 of the Commission’s Rules of Practice and Procedure, 18 C.F.R. §§ 385.206, 385.207, in which NextEra asks the Commission to order that, if PG&E files a petition for bankruptcy, PG&E may not abrogate, amend or reject in bankruptcy any of the rates, terms and conditions of its wholesale power purchase agreements subject to this Commission’s jurisdiction (“Wholesale Contracts”) without first obtaining approval from FERC under FPA sections 205 or 206, 16 U.S.C. §§ 824d, 824e.

See the complaint for details

FERC   PG&E   Pacific Gas & Electric  

Comment on this story

NEW Jobs on
Business-Development-Manager -- Retail Supplier -- Texas - Houston
Business-Development-Manager -- Agent, Broker, Consultant -- New Jersey
Energy-Sales-Broker -- Agent, Broker, Consultant -- Pennsylvania
Retail-Energy-Channel-Manager -- Retail Supplier -- New York
Chief-Operating-Officer -- Retail Supplier -- New York

More Stories on
Buffett Says Berkshire Hathaway Not In Talks To Buy Pacific Gas & Electric
San Francisco Eyes Municipalization Of PG&E Assets With Utility In Bankruptcy
FERC Orders PJM, NYISO To Revise Pricing For Fast-Start Resources To Reflect More Costs
FERC Dismisses Petition For Declaratory Order On Energy Efficiency Measurement In Capacity Market
Former CPUC Commish, CAISO Official Recommend Removing PG&E From POLR Role

comments powered by Disqus

Advertise here:

Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service


Developed by: Avidweb Technologies inc.