Energy Co. Seeks To Cancel Contracts With Bankrupt PG&E

Law360 (February 20, 2019, 10:03 PM EST) -- A renewable energy provider has asked a California bankruptcy court for permission to terminate its contracts with Pacific Gas and Electric Co., saying its agreements to provide the utility with future power is a commodity contract exempt from the bankruptcy stay.

In a motion filed Tuesday, Enel Green Power North America sought to terminate a trio of 2017 contracts to build energy storage facilities that will, when, finished provide energy capacity to PG&E for between 10 and 20 years. 

The nation's largest utility and its parent company filed for Chapter 11 in January, pointing to the fallout from Northern California's "catastrophic and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS