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Dynegy Holdings posts $23.5 million loss from operations for February
By Caroline Salls
Pittsburgh, March 28 - Dynegy Holdings, LLC reported a $23.5 million loss from operations for February on zero revenues, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.
In comparison, Dynegy posted $24.66 million of net income for January, also on zero revenues.
Wednesday's report did not include net income or loss results.
The company also reported cash and cash equivalents of $24.39 million as of Feb. 29, down from $29.42 million at the end of January.
Dynegy Holdings and four subsidiaries filed for bankruptcy on Nov. 7 in the U.S. Bankruptcy Court for the Southern District of New York. The Chapter 11 case number is 11-38111.
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