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Former Footprint Power sees $6.3 million net loss for September
By Sarah Lizee
Olympia, Wash., Oct. 25 – Salem Harbor Power Development LP, formerly Footprint Power Salem Harbor Development LP, reported a $6.3 million net loss on $6.28 million of gross income or sales for September, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a $1.73 million net loss on $22.17 million of gross income or sales for August.
The cash balance at the end of September was $47.56 million, up from $44.59 million at the end of August.
The Salem, Mass.-based power plant operator filed bankruptcy on March 23, 2022 under Chapter 11 case number 22-10239.
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