Edison Mission Energy
Edison Mission Energy (EME) was an
U.S. Bankruptcy Court. Under the reorganization plan, Edison Mission Energy would have remained a subsidiary of Edison International, but a new trust, under the control of the former bond-holders, would contain almost all of the former assets and liabilities of EME.[3]
NRG Energy acquired all of the assets of Edison Mission Energy in 2014 for $2.64 billion with approval from the U.S. bankruptcy court, following agreement among EME, Edison International and certain EME creditors. At that time, EME's portfolio included 1,700 MW of wind power; 1,600 MW of gas-fired capacity; 4,300 MW of coal-fired capacity, and 400 MW of oil and waste coal-fired capacity. [4]
External links
References
- ^ Brown, Nick (17 December 2012). "Edison Mission Energy files for bankruptcy". Reuters. Retrieved 23 June 2013.
- ^ "Midwest Generation files for bankruptcy along with its parent". chicagotribune.com. Retrieved 2020-08-28.
- ^ "Edison Mission Energy Plan of Reorganization Approved by U.S. Bankruptcy Court". Edison International. 11 March 2014. Retrieved 23 June 2017.
- ^ "NRG Energy buys Edison Mission Energy for $2.6 billion". PowerGrid International, March 12, 2014. Retrieved July 16, 2020.
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