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CPS Energy sues ERCOT, citing one of the 'largest illegal wealth transfers' in Texas history - Climate Impact Capital CPS Energy sues ERCOT, citing one of the 'largest illegal wealth transfers' in Texas history - Climate Impact Capital

The largest municipal gas and electric provider in the U.S. is suing the Texas grid operator for $18 million, alleging gross negligence related to the widespread outages and successive price spikes, among other things.