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Griddy Energy Files for Chapter 11 Protection
Seeks Court Authority to Release Customers from Outstanding Bills
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HOUSTON, March 15, 2021 /PRNewswire/ Griddy Energy LLC ( Griddy or the Company ) announced today that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the Southern District of Texas, together with a proposed plan of reorganization – a key feature of which is to give releases to former customers with unpaid electricity bills. Griddy sought court protection after financial devastation related to the actions of the Electric Reliability Council of Texas ( ERCOT ) during and after Winter Storm Uri.
Griddy Energy Files for Chapter 11 Protection prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.