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Ector County granted second interim approval for cash collateral use
Chicago, May 9 – Ector County Energy Center LLC is the recipient of a second interim order authorizing the debtor to use cash collateral, according to a filing with the U.S. Bankruptcy Court for the District of Delaware.
The company may use the cash collateral in which Credit Suisse AG, Cayman Islands, as administrative agent and collateral agent, holds an interest on the collective behalf of the prepetition secured lenders.
The final hearing will be held on May 31.
Objections should be filed before May 24.
Goldsmith, Tex.-based Ector owns and operates a 330 MW natural gas-fired electricity-generating facility. The company filed Chapter 11 bankruptcy on April 11 under case number 22-10320.
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