IPP retains restructuring counsel for CCGTs
29 April 2020 - 12:00 am UTC
Talen Energy has retained Weil, Gotshal & Manges to advise on a potential restructuring or Chapter 11 bankruptcy filing for a pair of combined-cycle gas turbine generation facilities.
Weil is advising Talen on Athens, a 1,080 MW facility in New York; and Millennium, a 360 MW plant in Massachusetts, according to an industry source.
Officials at Talen and Weil declined comment or could not immediately be reached.