Who is cloudcloud peak energy? Cloud Peak Energy Inc. is a firm headquartered in Gillette, Wyoming which mines coal in the Powder River Basin. Truework allows you to complete employee, employment and income verifications faster. The process is simple and automated, and most employees are verified within 24 hours.Who bought out cloud peak mining company? NTEC was selected as the winning bidder for Cloud Peak’s major assets in an August bankruptcy sale. Navajo Transitional Energy is buying the mines, along with the Sequatchie Valley reclamation project, for $15.7 million cash to be paid as a deposit upon closing the sale.Is cloud peak in financial trouble? Yet Cloud Peak is in such deep financial trouble that even the secured bondholders may not see much of a payout. The company has already admitted that its undeveloped mineral reserves, the Youngs Creek and Big Metal projects, have no economic value at all. Same goes for one of its three mines, Cordero Rojo.How much will cloud peak pay in bankruptcy fees? According to a filing with the SEC, Cloud Peak expects to pay a massive $40.2 million in bankruptcy-related “professional fees” through the first nine months of 2019.
Cloud Peak Energy Revenue: $832.00 Million Employees: 368 Industry: Mining, Coal Mining, Energy View Cloud Peak Energy's full company profile >>> Rocketreach finds email, phone & social media for 450M+ professionals.