Danskammer Energy, LLC and three affiliated debtors including parent Danskammer HoldCo LLC are operating in Chapter 11 under interim first-day orders entered June 18, 2026, pursuing a sale of the Danskammer Generating Station — a roughly 500 MW gas-fired plant in Newburgh, New York serving the NYISO Lower Hudson Valley market. The cases commenced June 10, 2026 before Judge Karen B. Owens in Delaware (No. 26-10950), with the Debtors reporting $10–50 million in assets and liabilities and a creditor body of 200–999 led by an $11.8 million disputed NYISO regulatory claim (Voluntary PetitionDkt. 1). Independent manager Matthew Kahn was appointed to the restructuring committee on June 2, 2026, and SSG Capital Advisors was retained as investment banker, framing the case as sale-driven.
The first-day hearing produced interim authority to pay prepetition critical-vendor claims up to $283,474.57 (Critical Vendors OrderDkt. 29), property taxes of $764,039.19 (Tax OrderDkt. 30), insurance premiums capped at $555,100.97 (Insurance OrderDkt. 28), employee wages up to $20,500 (Wages OrderDkt. 32), and continued use of the existing cash management system (Cash Management OrderDkt. 31). Final approval of all six motions is set for an omnibus second-day hearing on July 22, 2026, with objections due July 9 ().
