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Heritage Power, LLC Enters into Restructuring Support Agreement With its Parent Company, GenOn, and Lenders to Carry Out a Balance Sheet Restructuring

Heritage Power, LLC Enters into Restructuring Support Agreement With its Parent Company, GenOn, and Lenders to Carry Out a Balance Sheet Restructuring
Commences expedited reorganization process to right-size capital structure in light of energy margin impact and decreased capacity prices No impact to plant employees or day-to-day business operations Company intends to shed burdensome contracts to pave way forward HOUSTON, Jan. 24, 2023 (GLOBE NEWSWIRE) — Heritage Power, LLC and certain subsidiaries and affiliates (collectively, “Heritage”) today […] The post Heritage Power, LLC Enters into Restructuring Support Agreement With its Parent Compa... Read More
Posted: Jan 25 2023, 00:59
Author Name: forextv
Views: 110726

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