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Brazos Electric Power Cooperative Inc. is one of dozens of electricity providers facing blackout-related charges.

Texas' largest and oldest electric power cooperative, Brazos, filed for bankruptcy protection after racking up an estimated $2 billion in charges from the state's electricity grid operator following last month's cold snap

On the heels of the catastrophic chain of events in Texas, Brazos Electric Power Cooperative has filed for Chapter 11 bankruptcy #texas  #TexasBlackout  #TexasPowerOutage  #economy 

Brazos Electric, #Texas 's largest and oldest electric power cooperative, filed for bankruptcy on Monday after getting hit with a $2.1 billion bill from the state’s grid operator to settle the cost of purchasing energy during the winter freeze last month: report

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Brazos Electric Power Cooperative reported it has $2 billion of payments due to @ERCOT_ISO  and now finds itself in a “liquidity trap it cannot solve.”

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Brazos Electric Power Cooperative Inc., a power supplier in Texas, has filed for bankruptcy protection in the wake of the energy crisis brought on the state by an Arctic weather spell last month.

Texas Blackout Bills Plunge Power Supplier Brazos Into Bankruptcy: Texas’s largest electric-power cooperative filed for bankruptcy, saying it is overwhelmed by the more than $2.1 billion in sudden bills stemming from the… ^WSJ #Business  #Finance  #CFO 

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@transitfok  "The energy generated by the Lapetus Solar installation will be delivered to the ERCOT grid and is being sold under three multi-year PPAs to Brazos Electric Power Cooperative on behalf of CoServ Electric and seven other distribution cooperative groups. " Texas kicking booty.

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