Reuters logo
BRIEF-WESTMORELAND SUCCESSFULLY EXITS ROVA POWER SUPPLY AGREEMENTS
October 2, 2017 / 12:20 PM / 2 months ago

BRIEF-WESTMORELAND SUCCESSFULLY EXITS ROVA POWER SUPPLY AGREEMENTS

Oct 2 (Reuters) - Westmoreland Coal Co:

* WESTMORELAND SUCCESSFULLY EXITS ROVA POWER SUPPLY AGREEMENTS; WILL COLLECT $12 MILLION IN NET CASH COLLATERAL

* WESTMORELAND COAL-‍TERMINATED ITS POWER PURCHASE CONTRACTS WITH BP ENERGY COMPANY

* WESTMORELAND COAL CO SAYS ‍WILL RECEIVE $12 MILLION, COMPRISED OF $22 MILLION OF CASH COLLATERAL LESS A FINAL $10 MILLION MAKE-WHOLE PAYMENT TO BP​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below