OTCPK:JENGQ - Post by User
Comment by
Capharnaumon Mar 31, 2021 11:04am
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Post# 32913827
RE:RE:Articles that resume the current situation
RE:RE:Articles that resume the current situationGaillardDeshaie wrote: Thanks Capharnaum, those articles are great. It look like nobody want to make the call on repricing, which is understanding. However with many energy retailers company who will not be able to pay there bills, ERCOT will have to: 1) pursuit the retailers to get paid or 2) make an arrangement one by one or 3) take a lose....expecially for the company under Chapter 15. GLTA until mid of April. Gaillard.
ERCOT has proposed to socialize the potential losses (they will try to get what they can out of those bankruptcies) between market participants.