Violation Tracker Individual Record
Company:
Powerex
Current Parent Company:
BC Hydro
Penalty:
$750,000,000
Year:
2013
Date:
August 16, 2013
Offense Group:
competition-related offenses
Primary Offense:
energy market manipulation
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 Parent:
Canada
Ownership Structure of Parent:
government-owned
Major Industry of Parent:
utilities and power generation
Specific Industry of Parent:
utilities
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
