Edison Mission Energy
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Edison Mission Energy (EME) was an independent power producer based in California, United States. It was owned by
Edison International Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knu ...
. On December 17, 2012, EME filed for Chapter 11 Bankruptcy with a proposal to transfer control of the company to holders of $3.7 billion in unsecured bonds. The reorganization plan was approved in March 2014 by the U.S. Bankruptcy Court. Under the reorganization plan, Edison Mission Energy would have remained a subsidiary of Edison International, but a new trust, under the control of the former bond-holders, would contain almost all of the former assets and liabilities of EME. NRG Energy acquired all of the assets of Edison Mission Energy in 2014 for $2.64 billion with approval from the U.S. bankruptcy court, following agreement among EME, Edison International and certain EME creditors. At that time, EME's portfolio included 1,700 MW of wind power; 1,600 MW of gas-fired capacity; 4,300 MW of coal-fired capacity, and 400 MW of oil and waste coal-fired capacity.


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Electric power companies of the United States NRG Energy {{US-energy-company-stub