Upon emergence, Alpha is expected to operate as a privately held company, positioned well to satisfy its environmental obligations on an ongoing basis, according to Crutchfield. In addition to Plan confirmation, the Court also approved Alpha's sale of certain core coal assets to Contura Energy, a new company formed by a group of Alpha's first lien lenders. The sale, which is scheduled to close concurrently with Alpha's emergence, includes the company's two Powder River Basin mine complexes in Wyoming, the Nicholas, McClure, and Toms Creek mine complexes in West Virginia and Virginia, all of the company's Pennsylvania coal operations and certain reserves, the company's interest in the Dominion Terminal Associates coal export terminal in Newport News, Virginia, and certain other assets, including working capital.