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Published on 6/20/2012 in the Prospect News Distressed Debt Daily.

Bicent Holdings posts $3.16 million loss for April 23 to May 31 period

By Caroline Salls

Pittsburgh, June 20 - Bicent Holdings LLC reported a $3.16 million operating loss for the period of April 23 to May 31 on $3.07 million of total revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the month was $8.69 million.

The company listed $4.52 million of cash and cash equivalents as of May 31.

Bicent Holdings, the Lafayette, Colo.-based parent company for Bicent Power LLC, which operates electric generating facilities, filed for bankruptcy on April 23. Its Chapter 11 case number is 12-11304.


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