MIRANT AMERICAS: Unit Settles with Souther California Water in May

Mirant Americas Generation, LLC disclosed in its latest quarterly report filed with the U.S. Securities and Exchange Commission that on May 1, 2009, Mirant Energy Trading and Southern California Water Company entered into a settlement agreement under which Southern California…

MIRANT AMERICAS: RPM Buyers Seeks Rehearing on PJM Rate Dispute

Mirant Americas Generation, LLC disclosed in its latest quarterly report filed with the U.S. Securities and Exchange Commission that a variety of parties, including the state public utility commissions of Maryland, Pennsylvania, New Jersey, and Delaware, ratepayer advocates, certain electric…

MIRANT AMERICAS: Calif. Energy Refund Cases Remain Pending

Proceedings initiated by purchasers of electricity in California and western wholesale electricity markets seeking refunds for the high prices experienced in 2000 and 2001 remain pending against certain Mirant Corporation entities either before the Federal Energy Regulatory Commission or on…

MIRANT AMERICAS: Sandy Springs Tax Assessment Withdrawn in Aug.

The City of Sandy Springs, on Aug. 15, 2008, withdrew the business and occupation taxes assessment for 2006 for Mirant Energy Trading, LLC, a subsidiary of Mirant North America, LLC.

Sandy Springs subsequently adopted an ordinance capping the amount of Business…

MIRANT AMERICAS: Complaint Over PJM Rates Dismissed on Sept. 19

The Federal Energy Regulatory Commission on Sept. 19, 2008, issued an order on dismissing a complaint asserting that capacity auctions held to determine capacity payments under PJM Interconnection, LLC’s reliability pricing model (RPM) tariff had produced rates that were unjust…