Agera Energy, LLC Files Chapter 11 Protection, Enters Into Agreement to Sell Its Retail Assets to Constellation
Exelon Corporation (EXC)
Last exelon corporation earnings: 2/11 06:50 am
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Source: Business Wire
BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--Agera Energy and its affiliates have filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court, Southern District of New York and is facilitating an asset sale to Constellation, a subsidiary of Exelon Corporation (Nasdaq: EXC), subject to bankruptcy court approval. If approved by the bankruptcy court, the majority of Agera’s existing customers will be transferred to Constellation upon completion of the sale.“Due to unforeseen circumstances impacting the viability of Agera Energy’s business and its objectives, the company’s management team has made the decision to facilitate a sale under chapter 11 to minimize disruptions to our customers,” comments Mark Linzenbold, CFO of Agera Energy. “While we are deeply disappointed to be filing bankruptcy, we’re excited that a market-leading energy company will be able to continue serving our customers’ needs.”Headquartered in Briarcliff Manor, New York, Agera Energy provides reta
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EXC
Earnings
- 5/2/24 - Miss
EXC
Sec Filings
- 5/3/24 - Form 8-K
- 5/1/24 - Form 424B2
- 5/1/24 - Form EFFECT
- EXC's page on the SEC website