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12%  
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Keyword: roundtriping

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  • Reliant Resources Responds to FERC; Disclosed Trades Include Single Roundtrip in WSCC in 2000/2001

    05/31/2002 3:22:57 PM PDT · by Ernest_at_the_Beach · 12 replies · 248+ views
    Bloomberg News ^ | 05/31/2002 | Richard Wheatley Melanie Trent both of Reliant Resources, Inc./
    <p>HOUSTON, May 31 /PRNewswire-FirstCall/ -- Reliant Resources, Inc. (NYSE: RRI), in responding today to a Federal Energy Regulatory Commission (FERC) request for information about roundtrip trades in the Western Systems Coordinating Council for the purpose of increasing volume in 2000-2001, said that among transactions previously disclosed was a single roundtrip trade of an electricity product in that region and time period. This is the sole transaction that Reliant has identified to date that is responsive to the Commission's investigation.</p>