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Violation Tracker Individual Record

Company: Powerex
Current Parent Company: BC Hydro
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $750,000,000
Year: 2013
Date: August 16, 2013
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: energy market manipulation
Mega-Scandal: Western Energy Crisis
Violation Description: The California Attorney General announced a $750 million settlement with Powerex over claims arising from the 2000-2001 California energy crisis.
Level of Government: state
Action Type: agency action
Agency: California Attorney General
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: Canada
Ownership Structure of Current Parent: government-owned
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.