Glacial Energy posts $25,331 of October income, $203,431 in revenue

By Caroline Salls

Pittsburgh, Dec. 23 – Glacial Energy Holdings, Inc. reported $25,331 of net income for October on $203,431 in revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company posted a $3,235 net loss for September on zero revenue.

The company had $119,009 in cash as of Oct. 31.

Glacial Energy, a Sandwich, Mass.-based electricity and natural gas company, filed for bankruptcy on April 10, 2014. The Chapter 11 case number is 14-10833.

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