Judge Will Give Solar Co. $3M Interim Lifeline In Ch. 11

By Emlyn Cameron · November 8, 2024, 2:04 PM EST

A Delaware bankruptcy judge said Friday she will grant Oya Renewables, a solar energy producer with offices in Boston and Toronto, interim access to $3 million in postpetition funding on offer...

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Bankruptcy Scorecard

Summary

The solar energy producer with offices in Boston and Toronto filed for Chapter 11 protection with plans to sell its assets, while blaming factors such as project delays and litigation for its liquidity crunch.

Case Number

1:24-bk-12574

Judge

Karen B. Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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