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File #: 24-4544   
Type: Consent Status: Agenda Ready
File created: 4/17/2024 In control: City Council
On agenda: 5/2/2024 Final action: 5/2/2024
Title: Approve a settlement in City of San Antonio acting by and through the City Public Service Board of San Antonio, a Texas municipally-owned utility and City of Austin, Texas v. NRG South Texas, LP; Texas Genco GP, LLC; Texas Genco LP, LLC; and NRG Energy, Inc. and Constellation Energy Generation, LLC; and an amendment to the Amended and Restated South Texas Project Participation Agreement and other associated agreements consistent with the settlement.
Attachments: 1. Recommendation for Action
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Approve a settlement in City of San Antonio acting by and through the City Public Service Board of San Antonio, a Texas municipally-owned utility and City of Austin, Texas v. NRG South Texas, LP; Texas Genco GP, LLC; Texas Genco LP, LLC; and NRG Energy, Inc. and Constellation Energy Generation, LLC; and an amendment to the Amended and Restated South Texas Project Participation Agreement and other associated agreements consistent with the settlement.

 

De

Lead Department

Law Department.

 

Fiscal Note

This item has no fiscal impact.

 

For More Information:

Don Ballard, Division Chief, (512) 974-2691.

 

Additional Backup Information:

This action settles litigation and resolves the City’s dispute regarding the proposed sale of an interest in the South Texas Project to Constellation and the City’s rights of first refusal.