Solar Energy Co. PosiGen Hits Ch. 11 After Loan Breach Suit

By Emlyn Cameron · November 25, 2025, 11:21 AM EST

Solar energy company PosiGen has entered into bankruptcy in Texas lugging at least $100 million in debt roughly a month after it was sued in a case alleging a breach of...

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Bankruptcy Scorecard

Summary

Residential solar panel group PosiGen filed for Chapter 11 bankruptcy protections in Texas months after being named in litigation from a lender and laid off employees.

Case Number

4:25-bk-90787

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$100 million to $500 million

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Documents

Case Information

Case Title

Connecticut Green Bank v. PosiGen, PBC et al

Case Number

3:25-cv-01841

Court

Connecticut

Nature of Suit

Contract: Other

Date Filed

October 30, 2025