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Dynegy Holdings records $845.3 million loss from operations for June
By Caroline Salls
Pittsburgh, Aug. 13 - Dynegy Holdings, LLC reported an $845.3 million loss from operations for June on zero revenues, according to its monthly operating report filed Monday with the Securities and Exchange Commission.
In comparison, Dynegy posted $155.57 million of income from operations for May, also on zero revenues.
The company also reported cash and cash equivalents of $51.56 million as of June 30, up from $10.75 million at the end of May.
Dynegy Holdings and four subsidiaries filed for bankruptcy on Nov. 7, 2011 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 11-38111.
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