Solar Energy Co. iSun Gets Green Light For $4M DIP Package

By Emlyn Cameron · June 5, 2024, 8:00 PM EDT

A Delaware bankruptcy judge on Wednesday approved solar energy firm iSun's $4 million debtor-in-possession funding package on an interim basis over an objection from the U.S. trustee, saying the company's precarious...

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Bankruptcy Scorecard

Summary

Solar energy and infrastructure company iSun filed for Chapter 11 with plans to hold a bankruptcy auction backed by a "save the company" stalking horse bid from Clean Royalties to acquire the business as a going concern.

Case Number

24-bk-11144

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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