Mass. Power Plant Plugs Into Del. Ch. 11 With $570M Debt

By Rick Archer and Vince Sullivan (March 24, 2022, 10:36 AM EDT) -- The owners of a gas-fired electricity generating plant located in Salem, Massachusetts, filed for Chapter 11 protection in Delaware bankruptcy court, listing more than $570 million in debt and saying the plant was unable to cover its obligations after an adverse judgment was handed down in arbitration over a contract dispute....

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