Clean Energy Collective files for Chapter 11 bankruptcy after selling off assets
LOUISVILLE — Clean Energy Collective LLC has filed for Chapter 11 bankruptcy, months after it declared bankruptcy on some of its subsidiaries to clear the way for sale to utility giant Consolidated Edison Inc. (NYSE: CE).
The Louisville maker of household and community solar projects said it had $1.87 million in assets against just less than $40 million in debts, according to filings with U.S. Bankruptcy Court for the District of Colorado this week. Approximately $33.13 million of those debts are secured by property.
CEC initially filed Chapter 11 bankruptcy in June for…
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