FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.
The long and tragic collapse of SunEdison has finally come to an end, and Brookfield now owns both of its former yeildcos.
Russian-backed firm goes belly up, leaving an old Phillip Morris factory in Concord, N.C., empty and its entire workforce search for answers about why.
The California solar installer will likely be liquidated, after its liabilities mushroomed to at least 200 times its assets.
The case, filed in U.S. Bankruptcy Court for the District of Nevada, shows the California installer has liabilities of up to $10 million, owed to up to 5,000 creditors.
The acquisition narrows the number of companies that are developing FBR, and further consolidates the transfer of this technology to Chinese companies.
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