One more step and Xcel Energy in Colorado will be able to raise rates on ratepayers to pay for more than one-half billion dollars in high natural gas costs experienced in the February 2021 storm Uri. An administrative law judge is recommending Colorado regulators approve Xcel Energy’s move to recover $509 million and pass …
May 13, 2022 archive
Cypress Environmental seeks Chapter 11 bankruptcy protection
Cypress Environmental Partners, L.P. announced Friday that it filed for Chapter 11 bankruptcy protection and reached a restructuring support agreement with its priority senior secured lender. The move with affiliate of Argonaut Private Equity is expected to clear nearly $58 million of debt by Cypress. The petition was filed in the U.S. Bankruptcy …
