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AES Thames posts $1.87 million March net loss on zero revenues
By Caroline Salls
Pittsburgh, April 25 - AES Thames, LLC reported a $1.87 million net loss for March on zero revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, AES Thames posted a $1.25 million net loss for February, also on zero revenues.
The company had $10.5 million of unrestricted cash and cash equivalents at March 31, down from $11 million at the end of February.
Uncasville, Conn.-based AES Thames is a wholly owned subsidiary of the AES Corp. unit AES Connecticut Management, Inc. and operates a coal-fired power plant in Montville, Conn. The Chapter 11 case number is 11-10334.
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