Big Independent Power Producer Files for Chapter 11
Facing multiple market pressures, major independent power producer Talen Energy has put its generating assets in Chapter 11 bankruptcy reorganization. The Wall Street Journal headlined the story, “Talen Energy to Hand Power-Plant Business to Bondholders.” Talen Energy Corp. subsidiary Talen Energy Supply of Woodlands, Texas, on Monday (May 9) filed for Chapter 11 protection in … More Big Independent Power Producer Files for Chapter 11