Dynegy Inc. posted a narrower quarterly loss as it produced more power from cheap natural gas rather than coal, Reuters reported yesterday. The company last month resolved major disputes with creditors that could put its unit Dynegy Holdings LLC a step closer to emerging from bankruptcy. Dynegy has reached an agreement in principle with creditors holding more than $2.5 billion of claims against the unit, which filed for bankruptcy protection on Nov. 7. A hearing on the settlement agreement has been scheduled for June 1, Dynegy said yesterday.
