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Published on 2/2/2022 in the Prospect News Distressed Debt Daily.

Brazos Electric reports $7.15 million profit for December period

By Sarah Lizee

Olympia, Wash., Feb. 2 – Brazos Electric Power Cooperative, Inc. reported a $7.15 million profit on $98.73 million of sales for December, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.

The company listed $96.81 million of cash at the end of the month.

Brazos Electric is a 3,994-megawatt generation and transmission cooperative based in Waco, Tex. The company filed bankruptcy on March 1, 2021 under Chapter 11 case number 21-30725.


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