DYNEGY TO PAY $38M TO SETTLE CHARGES IT MANIPULATED MISO’S CAPACITY MARKET
https://s.yimg.com/ny/api/res/1.2/UM9wU.mMPsb6dCBP92Ipyw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/utility_dive_591/caaa44da846dee4f28d2eb5751c8b40d
✍️ Dynegy has agreed to pay $38 million to settle allegations that it manipulated the Midcontinent Independent System Operator's 2015/16 capacity auction, driving up capacity prices in Illinois.
👉 Dynegy agreed to pay $38 million to settle allegations of market manipulation 👉 The settlement stems from complaints filed by Public Citizen, former Illinois Attorney General Lisa Madigan and Southwestern Electric Cooperative 👉 Dynegy will pay MISO $38 million within ten days of the agreement taking effect 👉 The grid operator will distribute the money to various parties, including Southwestern, IMEA, IIEC, and Ameren Illinois
-- #LisaMadigan #RichardGlick #NeilChatterjee #TysonSlocum #Illinois #MidcontinentIndependentSystemOperator #business
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