Energy, Utilities & Water  March 6, 2020

RGS Energy files for bankruptcy after terminating workforce

DENVER — Real Goods Solar Inc., a rooftop solar-panel manufacturer headquartered in Denver and formerly housed in Louisville, filed for Chapter 7 bankruptcy protection this week in U.S. Bankruptcy Court in Denver.

The filing comes about two months after the firm, which does business as RGS Energy, informed the U.S. Securities and Exchange Commission that it would seek to liquidate and terminate all employees. 

On Jan. 31, RGS’ board of directors voted to cut all staffers, including CEO Dennis Lacey, who was subsequently reappointed to serve as the firm’s authorized signatory in the bankruptcy case, and…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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