November 22, 2023
Power plant operator Heritage Power LLC is seeking to reject claims made by the state of Texas and the federal private pension insurer Pension Benefit Guaranty Corp., saying that the dozens of claims fall short of minimum standards and that the insurer is seeking to be paid multiple times for the same claim.
October 04, 2023
A Texas bankruptcy judge Wednesday approved bankrupt power plant operator Heritage Power's Chapter 11 plan, as well as $80 million in exit financing to ease its operations after it emerges from bankruptcy.
August 22, 2023
Heritage Power LLC got approval from a Texas bankruptcy judge Tuesday to solicit creditors on its Chapter 11 plan as it heads to an October confirmation.
January 25, 2023
Power plant operator Heritage Power has filed for Chapter 11 protection in a Texas bankruptcy court, saying it is seeking to shed burdensome contracts and enact a debt-for-equity restructuring agreement to deal with $686 million in debt.