By: Nigel Bankes
PDF Version: Power Purchase Arrangement Litigation Comes to an End
Matter Commented On: Government of Alberta Press Release, March 9, 2018
The Government of Alberta issued a Press Release on March 9, 2018 indicating the Government and ENMAX “have agreed to withdraw ENMAX from the Power Purchase Arrangement (PPA) legal action initiated in 2016 by the Attorney General”. The agreement apparently “provides for the transfer from ENMAX to the Balancing Pool of 166,667 carbon offset credits and for a payment of equivalent value to ENMAX from the Balancing Pool for previously disputed and unpaid dispatch services and PPA transition matters”. The release goes on to note that “With this agreement, the legal action between the Government of Alberta, ENMAX and the remaining parties will be ended”.
ABlawg has published numerous posts on the PPA litigation (see here, here, here, here, here, and here) and there is a nice summary of the history of the litigation on the blog of the Alberta Power Market, a very informative blog prepared by members of the Electricity Markets Group of Borden Ladner Gervais LLP.
This post may be cited as: Nigel Bankes “Power Purchase Arrangement Litigation Comes to an End” (14 March, 2018), online: ABlawg, http://ablawg.ca/wp-content/uploads/2018/03/Blog_NB_PPA_Litigation_Ends.pdf
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