Violation Tracker Individual Record

Company: 
Powerex
Current Parent Company: 
BC Hydro
Penalty: 
$750,000,000
Year: 
2013
Date: 
August 16, 2013
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.