Mirant agrees to move 1,000 MW in power contracts to California DWR

“In our continuing effort to cooperate with the State of California, the California DWR has been named as the third-party holder of these contracts,” said Randy Harrison, chief executive officer of Mirant’s western U.S. operations. “This places the contracts directly in the hands of a creditworthy entity.”

Survey finds macro issues trump usual concerns of encroaching competition, decreased demand

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