💥New Chapter 11 Bankruptcy - Lumio Holdings Inc.💥
Renewable energy company looking to renew itself through a ch 11 sale process
On September 3, 2024, Utah-based Lumio Holdings Inc. and one affiliate (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Stickles) — the second residential solar company of the year (see also Sunpower Corp.)!
As you can imagine, in a world of higher interest rates, people just aren’t willing to shell out t…