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Texas power firm Brazos Electric hit with $2.1 billion bill after freeze, files for bankruptcy


Texas power firm Brazos Electric hit with $2.1 billion bill after freeze, files for bankruptcy
Jeremy Hill, Eduard Gismatullin and Rachel Morison, Bloomberg
March 1, 2021
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FILE - This Tuesday, Feb. 16, 2021, file photo shows power lines in Houston.David J. Phillip/Associated Press
The largest power generation and transmission cooperative in Texas filed for bankruptcy in the wake of power outages that caused an energy crisis during the winter freeze last month.
Brazos Electric Power Cooperative filed for Chapter 11 in the Texas after racking up an estimated $2.1 billion in charges over seven days of the freeze. Last year, it cost cooperative members $774 million for power for all of 2020. ....

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Amaya sentenced to two years probation in public corruption case


Amaya sentenced to two years probation in public corruption case
Feb. 25, 2021
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Johnny Amaya, former Webb County water utilities director, sits in court Wednesday afternoon during the first day of his trial at the 49th District Court.Victor Strife, Photographer
Former Councilman and Laredo ISD Trustee Johnny Amaya was sentenced to two years probation on Thursday due to his involvement in a bribery scheme where he facilitated payments to local elected officials in exchange for their support of Dannenbaum Engineering contracts.
Federal District Judge Sim Lake, in a hearing held over Zoom, noted that 73-year-old Amaya is in poor health. Amaya told the judge he has had cancer and a five-pound tumor was removed from his stomach. He also has diabetes, high cholesterol and recently recovered from COVID-19. ....

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