Headquartered in Houston, KGen Power Corporation sold power and related products to wholesale purchasers, such as retail electric providers, power marketers, municipal utilities, electric power cooperatives and other power generation companies. KGen's portfolio has been completely divested under a plan of liquidation, with all available proceeds being returned to share holders.
The dissolution of KGen Power Corporation (the Company) became effective on June 30, 2014. On that date, the Company transferred all cash and other assets held by the Company to KGen Power Liquidating Trust, and KGen Power Liquidating Trust assumed the Company's liabilities and obligations. Futher information relating to the liquidation and the Trust can be found in the Recent Events Section.