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NOTICE DATE:  April 28, 2017

NOTICE TYPE:  M-A042817-01 Financial/Credit

SHORT DESCRIPTION:  Counter-Party quarterly financial statements due by May 31, 2017

INTENDED AUDIENCE:  Counter-Party Financial Personnel

DAY AFFECTED:  May 30, 2017

LONG DESCRIPTION:  ERCOT Protocols Section 16.11.5(1) requires all Counter-Parties to provide their own or their Guarantor’s: (1) quarterly unaudited financial statements (semi-annually, if the Guarantor is foreign and rated by a rating agency acceptable to ERCOT) not later than 60 days (90 days if the Guarantor is foreign and rated by a rating agency acceptable to ERCOT) after the close of the issuer’s fiscal quarters; and (2) annual audited financial statements not later than 120 days after the close of the issuer’s fiscal year. 

Counter-Parties/Guarantors whose first quarter ended on March 31, 2017 must submit quarterly unaudited financial statements by May 30, 2017.

ACTION REQUIRED:  Counter-Parties/Guarantors whose quarterly unaudited financial statements for first quarter 2017 are due (or past due) should provide these statements to ERCOT as soon as possible to avoid any remedial action as authorized under the ERCOT Protocols.

Counter-Party/Guarantor financial statements that are publicly available electronically need not be provided to ERCOT

Please submit financial statements to [log in to unmask] or by mail to:


7620 Metro Center Dr.

Austin, TX 78744

Attn:  Vanessa Spells


CONTACT:  If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at [log in to unmask].

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