PJM has received FERC approval to divide $40.8 million from an enforcement settlement with GDF SUEZ among implicated market participants.

In a settlement approved by FERC's Office of Enforcement, GDF SUEZ will will pay almost $82 million to PJM to settle market manipulation charges.

Dynegy (NYSE:DYN) will buy out Energy Capital Partners’ stake in their joint venture to buy 17 fossil fuel plants owned by French utility ENGIE (EPA:ENGI).