DC Circ. Says Entergy Can Leave Power Deal Without Fees

Law360, New York (August 15, 2012, 2:00 PM EDT) -- The D.C. Circuit on Tuesday upheld a Federal Energy Regulatory Commission order allowing Entergy Corp. units in Arkansas and Mississippi to withdraw from a joint power agreement involving several Entergy units without paying exit fees, saying the regulator had correctly interpreted the agreement.

The three-judge panel declined to review the FERC decision, which allowed the operating companies to back out of an Entergy system agreement governing six Entergy companies servicing Arkansas, Louisiana, Mississippi and Texas following a required eight-year notice period, and take their power generating...
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