Eversheds Sutherland Coop Law Blog
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Brazos Electric Seeks Creditor Approval for $1.4 Billion Bankruptcy Plan Emerging from 2021 Storm Costs

Brazos Electric Cooperative received the go-ahead from Chief U.S. Bankruptcy Judge David Jones to seek creditor approval for its bankruptcy plan that provides for Brazos to pay $1.4 billion to the Electric Reliability Council of Texas (ERCOT) for costs stemming from February 2021 winter storms. During that time period, Brazos incurred a $2.1 billion bill from ERCOT, almost three times...

Brazos Electric Power Cooperative, Inc. Files for Bankruptcy

Brazos Electric Power Cooperative, Inc. (Brazos) recently filed bankruptcy in federal court in Houston, citing a disputed $1.8 billion bill from the state’s grid operator, Electric Reliability Council of Texas (ERCOT). Brazos is one of dozens of electricity providers in Texas facing enormous charges stemming from severe cold snap last month. Unusually frigid temperatures knocked out...

Brazos Electric to Purchase More Power from Texas Solar Project

7X Energy, Inc. announced additional procurement of solar energy by Brazos Electric Power Cooperative, Inc. (Brazos Electric) from the Lapetus Energy Project, taking the project from 25 MW to 67.5 MW. The Brazos purchase agreement represents the largest solar energy contract to date with an electric cooperative in Texas.

Cooperative Enters Into Largest Solar PPA for an Electric Cooperative in Texas

Brazos Electric Power Cooperative, Inc., along with CoServ Electric, have entered into a multiyear PPA with 7X Energy, Inc. for the sale of solar energy from a 35 MW solar project in Andrews County, Texas.

Election for CoServ Electric Coop Board Heats Up

The annual board of directors election for Texas utility CoServ Electric has been heating up.  Certain residents have formed the West Frisco Homeowners Coalition and have recruited their own candidate in hopes of making a bigger impact on an upcoming decision of where to site new high-voltage transmission lines.  Two routes initially proposed by Brazos Electric Power Cooperative both...