Dynegy Inc., the parent company of Dynegy Power, filed for Chapter 11 bankruptcy July 6 in the Southern District of New York. The filing requests that Dynegy Holdings (which was already in bankruptcy reorganization) merge with Dynegy Inc. It\u2019s expected that Dynegy Inc. would be the single entity emerging from the reorganization, according to the company and financial analysts. Dynegy\u2019s gas-fired power plants, like those in California, are operated by Dynegy Power--an entity not involved in the bankruptcy case, according to Katy Sullivan, Dynegy spokesperson. The plants were separately financed last year. Dynegy owns the 1,000 MW Morro Bay plant, the 2,529 MW Moss Landing facility, the 165 MW plant at the Port of Oakland, and the 300 MW South Bay plant. The California Coastal Commission approved demolishing South Bay June 14. \u201cWe will continue to demolish it and return the land to the Port of San Diego,\u201d said Sullivan. Dynegy tried to sell off the other California facilities first to The Blackstone Group in late 2010--along with the rest of the company-- for a reported $4.5 billion. The takeover was thwarted by shareholders and Carl Ichan\u2019s group, Ichan Enterprises. That deal, at $665 million, fell through in January, 2011.