Calif. Utility SDG&E Gets ALJ's Nod For $1.6B Power Deal

Law360, Washington (January 8, 2014, 8:56 PM EST) -- A California administrative judge on Friday gave San Diego Gas & Electric Co. tentative approval for an estimated $1.6 billion long-term deal for power from the proposed 305-megawatt Pio Pico Energy Center over the objections of environmental and other advocacy groups, shoring up the viability of the generation project.

The proposed decision, issued by California Public Utilities Commission Administrative Law Judge Hallie Yacknin and still subject to commission approval, gives SDG&E permission to enter into a 25-year tolling agreement with Apex Power Group LLC unit Pio...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.