Stoneway Capital Ltd. – Highly Leveraged Operator of Argentine Power Facilities Files Chapter 11 with $1bn of Funded Debt After Environmental Court Ruling Sinks RSA-Supported Restructuring Hopes
April 7, 2021 – Stoneway Capital Ltd. and five affiliated Debtors (“Stoneway” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 21-10646 (Judge ). The Debtors, whose principal business is the construction, ownership and operation of four power generation facilities located…