💥New Chapter 11 Bankruptcy - OYA Renewables Development LLC💥
"Community" solar company files chapter 11 cases with a stalking horse bidder.
On November 6, 2024, solar energy company OYA Renewables Development LLC and 7 affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Owens).
Founded in ‘09, the company is one of the largest developers of community solar projects in the United States.
We’ve really run the solar gamut these past few months. There was iSun Inc. that focused on commercial/industrial solar. Then came along the SunPower Corp. and Lumio Holdings Inc. cases for residential solar. And now we’ve got … community solar?
Wait … “community”?
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