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AES Eastern Energy Files for Bankruptcy

By: capt_nemo in ROUND | Recommend this post (0)
Sun, 01 Jan 12 5:29 AM | 59 view(s)
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BY PATRICK FITZGERALD

Debt-laden electric power company AES Eastern Energy LP filed for Chapter 11 bankruptcy with a plan to sell its two upstate New York coal-fired power plants.

The Ithaca, N.Y.-based company, a unit of AES Corp., and more than a dozen affiliates filed for Chapter 11 in U.S. Bankruptcy Court in Wilmington, Del., after striking a ...

http://online.wsj.com/article/SB10001424052970204720204577132960443385988.html?mod=rss_whats_news_us_business




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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