Whoops

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Whoops

A nickname for the Washington Public Power Supply System, which in the 1970s raised billions of dollars through municipal bond offerings, the projects that never materialized. WPPSS defaulted on the payments to bondholders.

Whoops

An informal and derogatory term for the Washington Public Power Supply System. This company issued more than $2 billion in bonds in the 1970s to build nuclear power plants and defaulted on these obligations in 1983. It is now known as Energy Northwest.
References in periodicals archive ?
Tim Douglas, Director of CTED, said, "I congratulate the Energy Northwest coalition and the Washington Public Power Supply System for negotiating an agreement.
In the matter of Washington Public Power Supply System v.
Jeffrey Benjamin, director-quality assurance and nuclear safety review, from Washington Public Power Supply System, where he held a similar position.
With ten years of experience in the claims administration field, the Garden City Group's staff has handled some of the largest and most complex cases to date, including the Washington Public Power Supply System (WPPSS) bond settlement.
In August, the Washington Public Power Supply System (WPPSS) submitted an application to EFSEC requesting authority to construct and operate two 227-megawatt natural gas-fired combustion turbines on the Satsop nuclear site near Elma.
AMEX: PDM) reported today that in the matter of Washington Public Power Supply System v.
1 and 3 Refunding Electric Revenue Bonds for Washington Public Power Supply System.
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