Danskammer HoldCo Files Chapter 11 to Halt NYISO Revenue Seizure
Danskammer HoldCo, owner of a 532 MW natural-gas peaking plant in Newburgh, New York, filed a debt-light chapter 11 in Delaware to halt the grid operator NYISO from seizing its capacity revenue over a disputed $13.45 million penalty, and to run a section 363 sale of the plant.