BBP 0.00% 9.5¢ babcock & brown power

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    But Apache Energy is declaring force majeure. So I expect that means they expect their insurers to pay any costs imposed on themselves and their customers. But this will depends on the supply contracts.

    "The term force majeure relates to the law of insurance and is frequently used in construction contracts to protect the parties in the event that a segment of the contract cannot be performed due to causes that are outside the control of the parties, such as natural disasters, that could not be evaded through the exercise of due care."

    Link
 
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