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Violation Tracker Individual Record

Company: EWP Renewable Corporation
Penalty: $981,669
Year: 2024
Date: December 23, 2024
Offense Group: competition-related offenses
Primary Offense: energy market violation
Violation Description: FERC fined EWP Renewable Corporation following an investigation which found that its subsidiary operating company, Springfield Power, LLC, violated the ISO-New England, Inc. Transmission, Markets, and Services Tariff while participating in the ISO-NE capacity market on certain days between November 2019 and August 2020. EWP agrees to: (a) disgorge $259,669 to ISO-NE, inclusive of interest; (b) pay a civil penalty of $722,000 to the United States Treasury; and (c) submit an annual compliance monitoring report to Enforcement for one year with a second year at Enforcement's discretion.
Level of Government: federal
Action Type: agency action
Agency: Federal Energy Regulatory Commission
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.