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Strategies & Market Trends : IPPs and Merchant Energy Co.s

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To: arizzzona who wrote (147)9/23/2002 2:55:49 PM
From: tom pope  Read Replies (2) of 3358
 
From the AP report on the FERC judge's ruling

California, which complained to FERC in March 2000 about El Paso, wants FERC to order the company to refund at least $200 million, roughly equivalent to El Paso's profits from the transactions.


Does this imply that $200MM is the extent of the damages, or can FERC impose punitives?
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