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bankruptcy


ERCOT Unveils Plan for Invoicing Default Uplift Charges

ERCOT market participants are grappling with the resulting financial fallout from winter storm Uri, which devastated Texas in February. Many are now familiar with actions the Texas Public Utility Commission…


Power Co-op Files Bankruptcy After $2.1 Billion ERCOT Bill

The group considered Texas' oldest and largest electricity cooperative has filed for Chapter 11 bankruptcy protection, saying it can't pay money wanted by the state's grid operator in connection with…


Power Sector Faces Continued Financial Distress in 2021
money-deal-merger-acquisition

The last few months have seen the power sector plagued with enduring lower power prices, exacerbating the continued negative impact on power generation companies and electric utilities. There are a…


Continued Toll on Coal; More Companies File Bankruptcy

The struggling U.S. coal industry, decimated by falling demand for the fuel from the power generation sector, and hit hard by low prices during the coronavirus pandemic, saw two more…


Judge Approves PG&E Bankruptcy Exit

A federal judge in California has approved Pacific Gas & Electric’s plan to exit bankruptcy, clearing the way for the utility to compensate victims of a series of wildfires in…