|
|
|
|
Texas Retail Provider, Already Subject To POLR Drop, Files For Ch. 11 Bankruptcy
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
Entrust Energy, Inc., along with certain affiliates including Entrust Energy East, Inc. and Power of Texas Holdings, Inc., have filed voluntary petitions for bankruptcy under Chapter 11 in the Southern District of Texas
As first reported by EnergyChoiceMatters.com, each of these three retail providers recently had their customers dropped to the provider of last resort, or the equivalent default service in their specific market.
Entrust Energy, Inc.'s filing listed estimated liabilities as $50,000,001 - $100 million, with estimated assets of $100,000,001 - $500 million
Entrust Energy, Inc.'s filing noted that ERCOT has an unsecured claim of $270 million
As of the time of publication, the only filings available were each entity's standard Official Form 201. Narrative filings associated with the bankruptcy were not yet available
Case 21-31070 et al.
ADVERTISEMENT Copyright 2010-21 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
March 30, 2021
Email This Story
Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Structure & Pricing Analyst -- Retail Supplier -- Texas
• NEW! -- Director, Pricing -- Retail Supplier
• NEW! -- ERCOT Billing Specialist -- Retail Supplier -- Texas
• NEW! -- Senior Analyst - Pricing & Structuring -- Retail Supplier -- Houston
• NEW! -- Sr. Analyst, Structuring -- Retail Supplier
• NEW! -- Account Operations Manager -- Retail Supplier
• NEW! -- Senior Busines Analyst -- Retail Supplier
• NEW! -- Senior Project Manager -- Retail Supplier
• NEW! -- Lead Data Analyst -- Retail Supplier
• NEW! -- Operations Associate -- Retail Supplier
• NEW! -- Pricing Analyst
• NEW! -- Data Operations Analyst
• NEW! -- Chief of the Planning and Procurement Bureau, Illinois Power Agency
• NEW! -- Energy Operations & Reporting Associate
• NEW! -- Commercial Sales Support Representative -- Retail Supplier
• NEW! -- Channel Partner/Channel Sales Manager -- Houston
• NEW! -- Wholesale Originator -- Retail Supplier -- Houston
• NEW! -- Trading Analyst -- Retail Supplier
• NEW! -- Renewables Trader -- Retail Supplier
• NEW! -- Channel Partner Sales Manager -- Retail Supplier
• NEW! -- Experienced Retail Energy Account Manager
• NEW! -- Sales Channel Manager -- Retail Supplier
|
|
|