Mirant looking for full payment for California electricity

“We look to receive payment for all the electricity we’ve sold and continue to sell, and we want quick payment for the past due amounts. We consider additional delays unacceptable. Any talk of additional delay or of partial payment is counterproductive to finding a solution,” said Randy Harrison, chief executive officer of Mirant’s western U.S. operations.

NEW YORK, March 2, 2001 (PRNewswire) – Consolidated Edison Company of New York, Inc. (Con Edison) announced today that it has called on the Federal Energy Regulatory Commission (FERC) to correct flaws in the New York wholesale electric marketplace that allow power generators to exercise market power.

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