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November 2, 2024

Chapter 11 bankruptcy

Energy Harbor to Pay OVEC $32.5M in Settlement
Energy Harbor has agreed to pay OVEC $32.5 million and drop its attempt to abrogate a 30-year power purchase agreement.
‘Most Efficient’ Coal Plant in Bankruptcy Again
Longview Power, a supercritical coal-fired generator that claims to be the most efficient coal facility in North America, filed for bankruptcy again.
UPDATED: Court Won’t Endorse Letter to PG&E Fire Victims
Lawyers in PG&E’s bankruptcy case argued whether the court should approve a letter informing fire victims of potential flaws in a $13.5 billion settlement.
PG&E Tries to Put Bankruptcy Plan in Layman’s Terms
PG&E's bankruptcy could reach another milestone as the utility tries to explain its Chapter 11 reorganization proposal to fire victims and other parties.
FERC OKs FES Sale to Bondholders
FERC approved FirstEnergy Solutions’ bankruptcy plan by allowing investment funds to convert secured and unsecured bond claims into a 50% equity stake.
What Spring Could Bring for PG&E
The countdown is on for P&GE's bankruptcy exit, which needs to happen for the utility to participate in an insurance fund to protect it from liabilities.
Judge Approves PG&E’s Deal with Bondholders
The federal judge in charge of PG&E’s Chapter 11 reorganization set a timeline for it to exit bankruptcy and approved its recent agreement with bondholders.
PG&E Tries to Appease Governor with New Plan
PG&E offered the most detailed versions yet of its plans to emerge from bankruptcy in filings with the California PUC and the U.S. Bankruptcy Court.
FEMA Wants $4 Billion from PG&E in Bankruptcy
FEMA's claims that Pacific Gas and Electric owes it more than $3.9 billion have thrown the utility’s Chapter 11 case into disarray.
NYISO ESCO Ruling Was Right, FERC Says
FERC said it won’t reconsider NYISO’s decision to deny membership to the successor to a bankrupt energy service company.

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