2 Gas-Fired Plants in NY, Mass. File Bankruptcy for Third Time
Talen Energy Corp. subsidiary NorthEast Gas Generation owns two natural gas-fired electric generation plants--one in Athens (Greene County), NY, and one in Charlton (Worcester County), MA. Yesterday Talen/NorthEast filed for Chapter 11 bankruptcy, the third time NorthEast has filed since 2014. The current plan is to hand over ownership to the company's debtholders.
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