FERC Rejects ComEd’s Cancellation Of $20 Billion Data Center Contract By Ethan Howland of UtilityDive The Federal Energy Regulatory Commission on Tuesday rejected Commonwealth Edison’s “notice of cancellation” of a transmission security agreement, or TSA, for a 1.8-GW, $20-billion data center PowerHouse Hillwood Holding is developing in Joliet, Illinois. In part, the contract dispute centers on the TSA’s credit support requirements. PowerHouse Hillwood contends it met the agreement’s initial credit requirements via a $1 posting, according to FERC’s decision. The dispute is pending in the US District Court for the Northern District of Illinois, according to the decision. In declining to… — Continue at ZeroHedge News : Read More
