Just Energy (JE) Files for Relief Under CCAA in Canada and Chapter 15 in U.S. and Has Arranged US$125 Million Debtor in Possession Financing

Following Unprecedented Winter Storm in Texas, Just Energy Files for Relief Under CCAA in Canada and Chapter 15 in U.S. and Has Arranged US$125 Million Debtor in Possession Financing

All Services to customers across Companys North American operations continue without interruption; no impact on customers bills or daily operations expectedFilings and associated US$125 million Debtor in Possession (DIP) financing ensures Just Energy continues to meet its regulatory obligations in North America, including payments required by the Electric Reliability Council of Texas (ERCOT) Filings provide stability for the Company as it facilitates the restructuring of its financial obligations due to the impact of unprecedented winter storm on the business Companys largest commodity suppliers continue to support the... More