NH Power Plant Says Electricity Deal Is Leaving It Broke

By Rick Archer · February 13, 2024, 9:44 PM EST

The operator of a biofuel power plant in New Hampshire received the go-ahead from a Delaware bankruptcy judge Tuesday to keep the lights on for another week while it negotiates over...

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Bankruptcy Scorecard

Summary

A biofuel-powered generation plant Burgess Biopower filed for Chapter 11 protection after a dispute with its power purchaser cut off significant revenue flows, leaving it unable to service about $173 million in secured debt.

Case Number

1:24-bk-10235

Judge

Laurie Selber Silverstein

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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