Mirant to pay $460m to settle California energy crisis claims
Save this article
Print this page
Under the settlement, Mirant subsidiary Mirant Americas Energy Marketing (MAEM) will assign $283 million of unpaid receivables to the California parties. The parties involved are PG&E, Southern California Edison, San Diego Gas & Electric, the California Attorney General, the California Public Utilities Commission (CPUC), the California Department of Water Resources (DWR) and the California Electricity Oversight Board.
The amount will be divided among the parties and any other market particip
To continue reading...
If you have access through Open Athens you can login here