Just Energy Seeks, Receives Creditor Protection After Texas Loss

摘要

Just Energy reported it sought and has received creditor protection from the Ontario Superior Court of Justice and is seeking similar protection under Chapter 15 of the U.S. Bankruptcy code as a result of the winter storm in Texas.1. Arranged $125 million debtor in possession financing to meet North American obligations including payments to the Electric Reliability Council of Texas, which total more than $250 million due in the nearterm.