Solar Co. Meyer Burger Unit Gets OK For $29M Ch. 11 Sale

By Alex Wittenberg · September 4, 2025, 5:41 PM EDT

The U.S. unit of Swiss solar-panel maker Meyer Burger secured a Delaware bankruptcy judge's approval Thursday to sell its assets for $28.7 million in Chapter 11, defeating an objection to the...

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Bankruptcy Scorecard

Summary

The U.S. manufacturing affiliate of Swiss solar panel maker Meyer Burger entered Chapter 11 in an attempt to complete a speedy sale after facing industry headwinds and being unable to raise enough money to bring its two U.S. manufacturing sites up to capacity.

Case Number

1:25-bk-11217

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the Northern District of Alabama

Capital Structure

Total Liabilities:

$562 million in debt

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Case Information

Case Title

Meyer Burger (Holding) Corp.

Case Number

1:25-bk-11217

Court

Delaware

Nature of Suit

Date Filed

June 25, 2025