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Texas Power Plant Gets Lender Cash Use Approved In Ch. 11 :
Texas Power Plant Gets Lender Cash Use Approved In Ch. 11 :
Texas Power Plant Gets Lender Cash Use Approved In Ch. 11
The owner of a Texas power generating plant received approval to access the cash of its secured lenders Thursday when a Delaware judge said the money is needed to keep operations going and preserve the value of its assets ahead of a Chapter 11 sale.
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