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Texas REPs Oppose ERCOT's Initially Proposed Method For Calculating Uplift Financing Charges

REPs Oppose Additional Financial Security Sought By ERCOT TXU Reports That Uplift Exposure For TXU & Sister REPs Is $850 Million

Several Texas retail electric providers have opposed ERCOT's proposal for how ERCOT will calculate charges to recover costs of the uplift financing program under HB 4492. REPs also opposed additional security requirements proposed by ERCOT under the financing program

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Natural Gas E&P Company To Buy Temple Power Plant In ERCOT

BKV Corporation, in partnership with Banpu Power US Corporation, has signed a purchase and sale agreement to purchase all of the equity interests in Temple Generation Intermediate Holdings II, LLC, the entity that owns, through its subsidiary Temple Generation I, LLC, the Temple 1 power plant in…

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Twenty Texas Senators Tell PUC That Uplift Financing Proceeds Intended To Only Be Utilized, "To Prevent Unnecessary Uplift Charges Due To Defaults"; Also Say Netting Is Required

Twenty Texas State Senators, including Senators Charles Schwertner and Kelly Hancock, have filed a letter with the Texas PUC explaining their position that the legislative intent of HB 4492 is that netting is required in establishing proceeds to be provided to LSEs under the "uplift" financing…

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ERCOT Region Retail Energy News (Page 92) | EnergyChoiceMatters.com