News
25 September 2020

NorthEast Gas seeks FERC approval to sell power plants

In:
Power
Region:
Americas

Talen Energy Corp's NorthEast Gas Generation is seeking FERC approval to sell two gas-fired power plants to lenders Beal Bank USA and Beal Bank SSB as part of bankruptcy proceedings. NorthEast Gas has outstanding debt of $585 million tied to first-lien and second-lien credit agreements...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies...

Perspective
01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated,...