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Optim Energy amended plan unanimously accepted by voting creditors
By Caroline Salls
Pittsburgh, June 29 – Optim Energy, LLC’s third amended joint plan of reorganization was unanimously accepted by voting creditors, according to a June 29 filing with the U.S. Bankruptcy Court for the District of Delaware.
Specifically, the one holder of $572.6 million in pre-bankruptcy secured claims against the Optim Cedar Bayou debtor, the one holder of $572.6 million in pre-bankruptcy secured claims against the Optim Altura Cogen debtor and the nine holders of $45,600 in general unsecured claims against the Optim Altura Cogen debtor all voted to accept the plan.
No ballots were returned by holders of general unsecured claims against the Optim Cedar Bayou debtor.
The plan confirmation hearing is scheduled for July 16.
Optim, a Silver Spring, Md.-based power plant owner, filed for bankruptcy on Feb. 12, 2014. The Chapter 11 case number is 14-10262.
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