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Alamo Heights News

Judge rules against CPS Energy in $400 million 2021 winter storm gas contract dispute

Judge rules against CPS Energy in $400 million 2021 winter storm gas contract dispute
Photo: Texas Public Radio (TPR) · view original

A judge ruled that CPS Energy breached contracts for natural gas purchased during the February 2021 winter storm, rejecting the municipally owned utility's claim that the agreements were unconscionable and ordering it to pay nearly $400 million to two Energy Transfer subsidiaries.

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