Platts
GDF Suez cited the Public Utility Commission of Texas’ “small fish swim free” rule 17 times in its 25-page motion to dismiss a lawsuit that alleges the French company used its Texas generation fleet to manipulate electricity markets, according to court documents.
In a motion to dismiss the suit filed Monday, GDF Suez North America argued that the plaintiffs, Aspire Commodities and Raiden Commodities, acknowledge GDF Suez’s conduct in managing its 3,957 MW of generation capacity at six Texas sites “was in complete conformity with” Electric Reliability Council of Texas rules and “was expressly authorized by” the Public Utility Commission of Texas.
The “plaintiffs’ suggestion that GDF Suez may have…