As Coal Capacity Cuts Loom, Teetering Energy Conglomerate Gears Up for Restructuring

2021年04月26日 20:10 来源于财新网

As most of its mining operations face closure, state-owned Chongqing Energy has formed a creditors’ committee to tackle its debt black hole

: State-owned Chongqing Energy has set up a creditors’ committee to prepare for restructuring. Photo: Chongqing Energy

State-owned Chongqing Energy Investment Group Co. Ltd. has set up a creditors’ committee to prepare for restructuring, sources told Caixin, as the miner faces difficulty in paying its debts amid a government drive to slash coal capacity.

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版面编辑：喻竹杨洋

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