Sundevil Power Holdings files for Chapter 11 reorganization

Sundevil Power Holdings LLC, which runs two 550-MW gas-fired units at Entegra Power Group’s 2,200-MW Gila Bend, Arizona, generation station, has filed for U.S. Chapter 11 bankruptcy reorganization.

The U.S. Department of Energy (DOE) cited the reorganization filing in a daily energy infrastructure report. DOE cited a Reuters article as the source of the information. Generation Hub has since confirmed that this Chapter 11 declaration was filed on Feb. 11 at the U.S. Bankruptcy Court for the District of Delaware.

The operator is seeking court approval to borrow $45m to support its operations during its bankruptcy. Reuters also reported that Sundevil is owned by private equity firm Wayzata Investment Partners.

The Sundevil Gila River combined-cycle natural gas units are located in Maricopa County and move electricity via Arizona Public Service transmission lines.

According to the Entegra Power Group website, Gila River Power Station is comprised of four individual combined cycle power facilities located on 1,100 acres near Phoenix, Arizona. The station can produce approximately 2,200 MW.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.