RW Power Partners, L.P. v. Virginia Electric & Power Co.

MEMORANDUM OPINION

PAYNE, District Judge.

In this declaratory judgment action, RW Power Partners, L.P. (“RW Power”) seeks a determination that the defendant, Virginia Electric and Power Company (“Virginia Power”), wrongfully terminated a contract between RW Power and Virginia Power for the sale and purchase of electrical power and generating capacity. 1 For the reasons set forth below, the court finds that Virginia Power was not entitled to terminate the contract.

STATEMENT OF FACTS

RW Power is a Delaware limited partnership whose sole general partner is Ridge-wood Electric Power Trust I and…