PosiGen Is Using Stolen Cash To Fund Ch. 11, Solar Co. Says

By Clara Geoghegan · December 9, 2025, 6:01 PM EST

A solar project financing company alleged that bankrupt solar panel leasing firm PosiGen failed to pass along $10.5 million in project revenue, asking a Texas bankruptcy judge to intervene....

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Bankruptcy Scorecard

Summary

Residential solar panel group PosiGen filed for Chapter 11 bankruptcy protections in Texas months after being named in litigation from a lender and laid off employees.

Case Number

4:25-bk-90787

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$100 million to $500 million

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Documents

Related Sections

Case Information

Case Title

PosiGen, PBC, Debtor

Case Number

4:25-bk-90787

Court

Texas Southern

Nature of Suit

Date Filed

November 24, 2025

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