Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Lincoln Power, LLC > News item |
Lincoln Power reports $1.4 million operating loss for June
By Sarah Lizee
Olympia, Wash., July 21 – Lincoln Power, LLC and affiliated debtors reported a $1.4 million loss from operations for June on $1.72 million of net total operating revenues, according to their monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $5.6 million.
The debtors had $6.31 million in cash and cash equivalents at the end of June.
The Charlotte, N.C.-based power company owns two gas-fired power-generation facilities in Illinois. The company filed Chapter 11 bankruptcy on March 31 under case number 23-10382.
© 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.