Ector County granted final approval for cash collateral use

By Sarah Lizee

Olympia, Wash., June 2 – Ector County Energy Center LLC received a final order authorizing the debtor to use cash collateral, according to a minute entry filed Thursday 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.

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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