The Blackstone Group L.P. BX resolved its brawl with Optim Energy LLC, a Texas electric company, sparked by the latter's bankruptcy case. In a filing with the Delaware Bankruptcy Court, Optim ...

The bankruptcy court for Optim Energy LLC on July 3 ordered an Aug. 4 auction date for the assets associated with the coal-fired Twin Oaks power plant in Texas, with a new party approved at the ...

Optim Energy told the court in its May 20 motion that it has been heavily involved lately in the sale of the coal-fired Twin Oaks Plant, including but not limited to drafting the asset purchase ...

WILMINGTON, Del, Feb 12 (Reuters) - Optim Energy LLC, a Texas electric company owned by a Bill Gates investment fund, filed for Chapter 11 bankruptcy on Wednesday after piling up losses in a depressed ...

Optim Energy LLC will pay Blackstone Group BX-0.87%decrease; down pointing triangle LP $5 million to settle their fight in the Texas power-plant operator’s bankruptcy case in exchange for Blackstone ...

Optim Energy LLC has abandoned the bankruptcy sale of its two Texas power plants and instead will restructure under a plan that leaves Bill Gates’s private-equity firm in control of the company. Optim ...