# Pleasants Power Station bankruptcy dispute

> Live situation record from CLSTR: https://clstr.news/situations/pleasants-power-station-bankruptcy-dispute
> Updated: 2026-08-17T19:57:43.000Z. Sources: 3. Developments: 2.

Omnis Pleasants LLC, owner of the 1,278-megawatt Pleasants Power Station in Belmont, West Virginia, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. The filing aimed to restructure capital, resolve litigation and governance disputes, and facilitate a potential sale of the coal-fired plant. The company reported assets and liabilities between $50 million and $100 million, with the State of West Virginia identified as the largest unsecured creditor, owing more than $50.8 million.

Following the filing, owners Omnis Fuel Technologies and Quantum Pleasants, LLC filed a motion to dismiss the bankruptcy or appoint an independent trustee. The plaintiffs argue the plant is financially healthy and cash-flow positive, possessing approximately $13 million in liquidity. They contend the filing was a "tactical maneuver" intended to obstruct governance rights rather than a good-faith response to financial distress. The dispute involves management connected to investor Tony Robbins, while current management maintains the filing was necessary to manage $79 million in debt.

## Timeline

### 2026-08-17: Pleasants Power Station owners challenge Chapter 11 bankruptcy filing

Omnis Fuel Technologies is challenging the Chapter 11 bankruptcy of West Virginia's Pleasants Power Station, alleging the profitable plant was placed in bankruptcy without proper authority to obstruct ownership

3 sources. https://clstr.news/cluster/pleasants-power-station-owners-challenge-chapter-11-bankruptcy-filing

### 2026-07-27: Pleasants Power Station in West Virginia Enters Chapter 11 Bankruptcy

Omnis Pleasants LLC filed Chapter 11 for West Virginia's 1,278 MW Pleasants Power Station, aiming to restructure debt, pay the state its $50 M claim and possibly sell the coal plant while keeping operations and

2 sources. https://clstr.news/cluster/omnis-pleasants-files-chapter-11-for-west-virginia-coal-power-plant

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Cite as: Pleasants Power Station bankruptcy dispute. CLSTR, https://clstr.news/situations/pleasants-power-station-bankruptcy-dispute
