FirstEnergy Files for Bankruptcy; To Close 4 Nuclear Reactors - The Energy Collective

FirstEnergy Files for Bankruptcy; To Close 4 Nuclear Reactors - The Energy Collective: Late Saturday night March 31st, while most of the country was sleeping, FirstEnergy filed for bankruptcy protection. The unsecured creditor with the most exposure is Bank of New York Mellon Trust ($1 billion). The BNSF Railway is owed $72 million. The decision comes just one day before a $100 million bond pay was due. The …