Eversheds Sutherland Coop Law Blog
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Pedernales Electric Cooperative Selects New Chief Executive Officer and Chief Operations Officer

Pedernales Electric Cooperative (PEC) recently announced that its Board of Directors has unanimously selected Julie Parsley as its Chief Executive Officer and Eddie Dauterive as its Chief Operations Officer. Parsley is a former Commissioner of the Public Utility Commission of Texas as well as a former Solicitor General of Texas. Dauterive previously served as PEC’s Vice President...

Pedernales to Distribute Nearly $13 Million in Capital Credits

The Pedernales Electric Cooperative (PEC) Board of Directors recently approved a capital credits distribution of more than $12.7 million to current and former PEC members after the Board reviewed the coop’s fiscal health and determined the distribution would not have any adverse impact on PEC.  The distribution of capital credits, which reflect member ownership in PEC, will vary from...