💥 Griddy Flicks Off ERCOT💥
More Fallout from the TX Storm. Citi Goes Ballistic. E&P Heats Up.
Sooooooo this one was predictable. The writing was on the wall a few weeks ago and we noted in “💥Is Texas F*cked?💥” that Griddy Energy LLC was a likely bankruptcy candidate.* On Sunday, we further noted how recent PUCT/ERCOT decisions to extend the deadline “…for electric retailers to dispute the ridonkulous liabilities imposed upon them after the now…