#ECOR2613928AMorgan Stanley Authorized to Buy Electricity for Resale to Network Operators
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This order authorizes Morgan Stanley Capital Group Inc to buy electricity for resale to network operators covering their grid losses. The measure mainly affects Morgan Stanley, electricity network operators, and energy market oversight bodies. It is a targeted licensing decision, not a broader change to electricity market rules.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Authorizes Morgan Stanley Capital Group Inc to buy electricity for resale
- Limits the resale activity to network operators covering their grid losses
- Places the company under the relevant French Energy Code rules for electricity resale
Obligations
What this law requires
Morgan Stanley Capital Group Inc may carry out the activity of purchasing electricity for resale only for resale to network operators covering their grid losses under the authorization granted by the order.
Morgan Stanley Capital Group Inc must comply with Articles L.333-1 et seq. and Articles R.333-1 to R.333-16 of the French Energy Code when carrying out the authorized electricity purchase-for-resale activity.