Ector County Energy ordered to mediate with Direct Energy, lenders

By Sarah Lizee

Olympia, Wash., Sept. 30 – Ector County Energy Center LLC will engage in mediation with Direct Energy Business Marketing, LLC and an informal group of prepetition secured lenders relating to a global settlement, according to an order filed with the U.S. Bankruptcy Court for the District of Delaware.

Retired judge Christopher S. Sontchi will act as mediator.

Goldsmith, Tex.-based Ector owns and operates a 330 MW natural gas-fired electricity-generating facility. The company filed Chapter 11 bankruptcy on April 11 under case number 22-10320.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.