Ector County Energy reports voting results on Chapter 11 plan

Chicago, Dec. 19 – Ector County Energy Center LLC’s claims and balloting agent reported the voting results for the company’s modified first amended liquidating Chapter 11 plan, according to a declaration filed with the U.S. Bankruptcy Court for the District of Delaware.

The voting classes were the prepetition term lenders, revolving lenders, general unsecured claimants, general unsecured claimants for personal injury, property damage or other causes of action from winter storm Uri and insiders and affiliates including intercompany claims.

All classes voted to accept the plan, with 100% accepting in each class.

The voting amount represented was $319.96 million for the prepetition term lenders, $70 million for the revolving lenders, $51.66 million for the general unsecured claimants, $10.7 million for the personal injury claimants and $1.26 million for the intercompany claims.

A plan confirmation hearing is scheduled for Wednesday.

Goldsmith, Tex.-based Ector owns and operates a 330 MW natural gas-fired electricity-generating facility. The company filed Chapter 11 bankruptcy on April 11, 2022 under case number 22-10320.

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