Though Wyoming miners and local businesses struggle with unpaid debts and though tens of millions of dollars in state and county revenue could be wiped off the books, not all those owed money by Blackjewel will walk away empty handed.

Riverstone Holdings LLC, an energy investment firm with $39 billion in capital and offices in financial centers around the globe, may be the bankruptcy winner. Blackjewel owed the firm $34 million when it entered bankruptcy, from a loan made to the mining company in July 2017.

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