Institute for Energy Economics: Business Case Weakens for Navajo Transitional Energy Company Bid to Purchase Montana-Wyoming Coal Mines
September 05, 2019
September 05, 2019
CLEVELAND, Ohio, Sept. 5 -- The Institute for Energy Economics and Financial Analysis issued the following news release:
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- Macroeconomic, regional and local risks in deal for bankrupt Cloud Peak assets
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Production is down this year and the customer base is shrinking at three mines that Navajo Transitional Energy Company (NTEC) proposes buying in a bankruptcy-court bid for Cloud Peak Energy, according to a research brief published tod . . .
* * *
- Macroeconomic, regional and local risks in deal for bankrupt Cloud Peak assets
* * *
Production is down this year and the customer base is shrinking at three mines that Navajo Transitional Energy Company (NTEC) proposes buying in a bankruptcy-court bid for Cloud Peak Energy, according to a research brief published tod . . .