Solar Trust of America’s Chapter 11 filing on Monday listed assets between $1 million and $10 million, and liabilities between $10 million and $50 million
Question: How do you turn a $2.1 billion dollar loan into assets of $10 million?
Tuesday, April 3, 2012
Another Solar Energy company going bust.
A California solar energy company that was unable to meet a deadline for an Energy Department loan guarantee last year has sought bankruptcy protection in Delaware.
Solar Trust of America’s Chapter 11 filing on Monday listed assets between $1 million and $10 million, and liabilities between $10 million and $50 million
Question: How do you turn a $2.1 billion dollar loan into assets of $10 million?
Solar Trust of America’s Chapter 11 filing on Monday listed assets between $1 million and $10 million, and liabilities between $10 million and $50 million
Question: How do you turn a $2.1 billion dollar loan into assets of $10 million?
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