Westmoreland Coal Emerges From Chapter 11 Bankruptcy

Credit to Author: Darrell Proctor| Date: Sun, 17 Mar 2019 16:56:56 +0000

Westmoreland Coal Company, the nation’s largest independent coal producer, announced March 15 that it has emerged from Chapter 11 bankruptcy and will operate as a new, privately held company. The company, headquartered in Englewood, Colorado, near Denver, said its assets, including three mines in Montana, are now owned and operated by Westmoreland Mining LLC, a […]

The post Westmoreland Coal Emerges From Chapter 11 Bankruptcy appeared first on POWER Magazine.

Read more

MDU Will Close Coal Units in Montana, North Dakota

Credit to Author: Darrell Proctor| Date: Wed, 20 Feb 2019 01:31:33 +0000

A subsidiary of MDU Resources Group on February 19 said it plans to close three of its coal-fired units at power plants in Montana and North Dakota. Montana-Dakota Utilities said it would partly replace the lost generation with a new simple-cycle gas-fired unit at the North Dakota site. The company on Tuesday said a biannual […]

The post MDU Will Close Coal Units in Montana, North Dakota appeared first on POWER Magazine.

Read more

After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead

Credit to Author: Sonal Patel| Date: Thu, 24 Jan 2019 00:33:47 +0000

Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]

The post After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead appeared first on POWER Magazine.

Read more

Nation’s Oldest Independent Coal Producer Files Bankruptcy

Colorado-based Westmoreland Coal Co. on October 9 said it had filed for Chapter 11 bankruptcy, with the company reporting more than $1.4 billion in debt. The company in its annual financial report in April of this year said it was considering bankruptcy in an effort to protect it from creditors. Westmoreland, which has operated for […]

The post Nation’s Oldest Independent Coal Producer Files Bankruptcy appeared first on POWER Magazine.

Read more