Solar Co. Oya Gets OK For Ch. 11 Sales Following Settlement

By Ben Zigterman · February 12, 2025, 6:28 PM EST

A Delaware bankruptcy judge said Wednesday she would approve two sales of assets from solar energy producer Oya Renewables worth a combined $39 million after it reached a settlement with its...

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Bankruptcy Scorecard

Summary

The solar energy producer with offices in Boston and Toronto filed for Chapter 11 protection with plans to sell its assets, while blaming factors such as project delays and litigation for its liquidity crunch.

Case Number

1:24-bk-12574

Judge

Karen B. Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Case Information

Case Title

OYA Renewables Development LLC

Case Number

1:24-bk-12574

Court

Delaware

Nature of Suit

Date Filed

November 06, 2024