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NERC Submits Joint Settlement Agreement between Constellation and Texas Regional Entity

On April 21, 2009, NERC submitted a settlement agreement between Constellation Energy Commodities Group and the Texas Regional Entity that was approved by NERC on April 13, 2009.  Once approved by FERC, the settlement agreement will fully resolve Constellation’s July 11, 2008 appeal of the NERC decision to register Constellation as a Generator Operator and other related matters arising between Constellation and Texas RE during the pendency of Constellation’s appeal.  To view the settlement agreement, click here.