Pa. coal facility headed for bankruptcy: Moody’s

摘要

Homer City Generation LP, the limited partnership that holds the 1,884-rnMW Homer City coal-fired merchant generating station 45 milesrnnortheast of Pittsburgh, Pennsylvania, may be headed for bankruptcy,rncredit analysts said Friday.rnThe facility, which has been in bankruptcy before, defaulted onrninterest and principal payment obligations on October 3, and,rnaccording to Moody’s Investors Service, entered into a forbearancernagreement with its bondholders that lasts through October 17, 2016.