News

Colstrip operator Talen Energy reportedly preparing for bankruptcy

April 9, 2022/

Coalstrip, Montana

Colstrip Power Plant operator and co-owner Talen Energy is reportedly seeking loans for a potential bankruptcy, according to Bloomberg.

The news service reported Thursday that Talen was talking to lenders about financing for a bankruptcy. On an earnings call last August, Talen told investors it was $4 billion in debt.

 


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