New York Forces Danskammer Energy Gas-Fired Plant into Bankruptcy

New York State, with its bizarre energy policies, has officially bankrupted yet another company. Danskammer Energy, which operates a gas-fired peaker power plant along the Hudson River in Newburgh, NY, had tried for years to upgrade the plant (since 2018), but finally threw in the towel in June 2024 (see Danskammer Energy Gives Up Trying to Expand Gas-Fired Peaker in NY). The state's refusal to grant the necessary permits to continue operating has now officially driven the company into bankruptcy. Danskammer filed for Chapter 11 bankruptcy last week.

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