Texas power co-op files for bankruptcy after $2.1bn electricity bill

Brazos Electric Power Cooperative serves 16 distribution member co-ops that cater to more than 1.5 million Texans

Coal mine
US coal miner Murray Energy files for bankruptcy

The company and its subsidiaries have agreed a deal with a group of lenders to receive $350 million (£272m) to stay open throughout the process

Coal giant Peabody Energy files for bankruptcy

The world’s largest privately owned coal producer has filed for bankruptcy. Peabody Energy has voluntarily filed petitions under Chapter 11 for the majority of its US entities in the Bankruptcy Court for the Eastern District of Missouri. Through that process, the company intends to reduce its overall debt level, lower fixed charges and improve operating […]

Coal miner files for bankruptcy

The second largest coal mining and processing company in the US has filed for bankruptcy. Arch Coal, which has been affected by the weakening demand for coal and stringent environmental regulations, said it has reached an agreement with a majority of the lenders to erase $4.5 billion (£3bn) in debt from its balance sheet. It […]

US electric car battery firm warns over future

An American electric car battery firm has issued a warned over its future by stating it may need to file for bankruptcy. Originally funded by the US Department of Energy, Ecotality has three businesses – Blink, Minit-Charger and ETEC LABS – and Blink in particular looked to have spread its reach fairly widely, with more […]

US electric carmaker files for bankruptcy

An electric carmaker in the United States has filed for bankruptcy, it was reported this week. Hot on the heels of Israeli electric car services firm Better Place going bust, another green vehicle idea has struggled to take off. Miles Electric Vehicles advertised two low-speed models – a car and a truck – for customers […]