Powerex to pay $750 million – Vancouver Sun
Vancouver Sun |
Powerex to pay $ 750 million
Vancouver Sun Powerex, the electricity trading subsidiary of B.C. Hydro, has reached a $ 750-million out-of-court deal to settle claims it drove up electricity prices in California more than a decade ago. The settlement, which comes at a time when Hydro is facing big bills for … UPDATE 1-Canadian province settles California energy crisis case Hydro firm to repay state $ 750 million California ratepayers get $ 750 million in energy crisis settlement |
