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Published on 7/27/2015 in the Prospect News Distressed Debt Daily.

Glacial Energy sees May net loss remain at $3,235 with zero revenue

By Kali Hays

New York, July 27 – Glacial Energy Holdings, Inc. marked a net loss of $3,235 for May on zero revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

For April, Glacial also reported a net loss of $3,235 with zero revenue.

The company had $57 in cash as of May 31, unchanged from the end of April.

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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