Does a major power project planning to light Lubbock and the Panhandle with hundreds of millions of dollars even exist?
High Plains Diversified Energy Corp. will face tough questions Friday from its biggest known customer, from a jilted community and from the Texas attorney general as it seeks a judge’s approval for $1.5 billion in debt.
Documents filed separately Wednesday by representatives of Lubbock and the attorney general suggest far more limited powers than what the project has cited in its quest to bring power from outside Odessa to Lubbock and the surrounding region, and question its very legal existence.
“To begin with, High Plains does not validly exist,” Lubbock’s legal filing read.
Continue reading Court showdown coming Friday for Lubbock, Panhandle power project
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.