☀️New Chapter 11 Bankruptcy Filing - Freedom Forever LLC☀️

Another solar co. falls victim to the One Big Beautiful Bill

On April 15, 2026, Temecula, CA-based Freedom Forever LLC (the “debtor” and together with its ~115 affiliates, the “company”) filed a chapter 11 bankruptcy case in the District of Delaware (Judge Shannon). Founded in ‘11, the company does residential solar engineering, procurement, and construction across thirty+ states, working with (i) independent authorized dealers (“IADs”) to market, contract, and coordinate installs, and (ii) financiers that provide homeowners the upfront capital for the systems.

At its peak, the company generated over $1b per year. That, however, is in the rear view; the company largely freed itself of cash, filing with ~$5mm. Per CEO Brett Bouchy, the kick to the nuts was …

“… (a) the impact of federal legislation commonly referred to as the ‘One Big Beautiful Bill’ on the back-end financing markets that underpin residential solar installation economics; (b) the further compounding effect of presidential executive orders directed at eliminating subsidies for solar and renewable energy, which have created acute market uncertainty; and (c) a pattern of material payment breaches by certain of the Company’s finance company partners whose repeated failures to remit timely dealer payments to the Company cascaded into missed and delayed payments to the Company’s IAD network, causing a contraction in the number of active dealers, a sharp decline in new project originations, and an acute deterioration in the Company’s cash position.”

… which is par for the course (🥱) in solar cases.