☀️New Chapter 11 Bankruptcy Filing - PosiGen, PBC☀️
Another solar company runs out of power. This one also doesn't have a plan.
On November 24, 2025, Houston-based PosiGen, PBC (“PosiGen”), PosiGen Developer LLC (“Developer”), and eight affiliates (collectively, with PosiGen and Developer, the “debtors” and together with their non-debtor subsidiaries, including PosiGen Backleverage, LLC (“Backleverage”), the “company”) filed chapter 11 freefall cases in the Southern District of …