Top Electricity Provider, Talen Energy, Files For Chapter 11 Bankruptcy

May 11th 2022 9:19am EDT

Citing natural gas prices and green energy regulations, nuclear, coal, and gas giant Talen Energy filed for chapter 11. According to court filings in the United States Bankruptcy Court for the Southern District of Texas, Talen Energy Supply LLC, a subsidiary of Riverstone Holdings LLC, can no longer meet its financial obligations. An aggressive clean-energy strategy coupled […]

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