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Published on 3/27/2007 in the Prospect News Distressed Debt Daily.

U.S. Energy Biogas reports $1.15 million February net loss

By Caroline Salls

Pittsburgh, March 27 - U.S. Energy Biogas Corp. reported a $1.15 million net loss for February on $290,007 in total operating revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

The company had $802,164 in cash on Feb. 28.

U.S. Energy Biogas, an Avon, Conn.-based renewable energy business, filed for bankruptcy on Nov. 30. Its Chapter 11 case number is 06-12827.


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