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Following Unprecedented Winter Storm in Texas and Protection Granted under the CCAA in Canada, ...
Just Energy Group Inc.March 9, 2021 GMT
All Services to customers across Company’s North American operations continue without interruption; no impact on customers’ bills, employees or daily operations expected
Filings and associated US$125 million Debtor in Possession (“DIP”) financing ensures Just Energy continues to meet its regulatory obligations in North America, including payments required by the Electric Reliability Council of Texas (“ERCOT”)
Filings provide stability for the Company as it facilitates the restructuring of its financial obligations due to the unprecedented winter storm impacts on the business