Fulcrum Gets OK For $5M Ch. 11 Loan From Potential Buyer

By Ben Zigterman · October 9, 2024, 6:51 PM EDT

Trash-to-gas innovator Fulcrum BioEnergy Inc. received final approval Wednesday from a Delaware bankruptcy judge for a $5 million debtor-in-possession loan from Las Vegas-based data center operator Switch Ltd., which also plans...

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Bankruptcy Scorecard

Summary

Renewable aviation fuel maker Fulcrum BioEnergy filed to bankruptcy with plans to sell a Nevada processing plant.

Case Number

24-bk-12006

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$456.6 million

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Case Information

Case Title

Fulcrum BioEnergy, Inc.

Case Number

1:24-bk-12008

Court

Delaware

Nature of Suit

Date Filed

September 09, 2024