Empire Generating support agreement assumption appealed by lenders

By Caroline Salls

Pittsburgh, June 18 – An order authorizing Empire Generating Co., LLC to assume its restructuring support agreement as part of its Chapter 11 cases drew an appeal Monday from a group of minority lenders, according to a notice filed with the U.S. Bankruptcy Court for the Southern District of New York.

The lenders are ASSF IV AIV B Holdings III, LP and AEIF TRADE, LLC and SPT Infrastructure Finance Sub-1, LLC and SPT Infrastructure Finance Sub-2, Ltd.

Empire Generating is the owner of a large natural-gas fired power plant in Rensselaer, N.Y. It filed for bankruptcy on May 9 under Chapter 11 case number is 19-23007.

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