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FERC orders $1.1 billion penalty in alleged American Efficient market fraud
Key Takeaways
- FERC ordered American Efficient and affiliates to pay about $1.1 billion.
- The commission says the companies sold efficiency resources they did not control or that were not additional.
- American Efficient denies wrongdoing and says it complied with PJM rules.
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DT Editorial Team··via utilitydive.com