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Contract Type
settlement
PennsylvaniaEnergyRenewable EnergyBiomass EnergyDescription
Nike and Avangrid are reportedly close to settling a $31 million dispute over a Texas wind power contract. The dispute involves a 'virtual power purchase agreement' and the issue of 'price adders' following Winter Storm Uri in February 2021.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months