ExGen Texas Power posts $23.13 million operating loss for December

By Caroline Salls

Pittsburgh, Jan. 31 – ExGen Texas Power, LLC reported a $23,131,000 operating loss for December on negative $9.96 million in total operating revenue, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the month was $23,126,000.

The company had $86.94 million in cash and cash equivalents as of Dec. 31.

ExGen is the owner of a portfolio of combined-cycle and natural gas-fired peaking and steam turbine generators in Texas. The company is owned by Exelon Generation Co. ExGen filed for bankruptcy on Nov. 7 under Chapter 11 case number 17-12377.

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