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LSP Seeks to Keep Sole Chapter 11 Control Amid Outage

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Power-plant operator LSP Energy is seeking a 30-day extension to file its plan to repay creditors after an outage stalled its plan to sell its Mississippi gas-fired power plant, Dow Jones DBR Small Cap reported on Friday. In court papers filed on Nov. 20, the company asked to keep exclusive control over its chapter 11 case through Dec. 21 as it works to gets its power plant back online and negotiates an amendment to its deal to sell the plant to South Mississippi Electric Power Association.