Delaware

BREAKING: Sungevity bankruptcy ends with court-approved $50 million sale

A Delaware bankruptcy judge yesterday approved the sale of the bankrupt residential solar installer to private equity firm Northern Pacific Group.

Aquion files for Chapter 11 bankruptcy

After losing money for the past two years, the saltwater battery storage company couldn’t raise enough new capital to meet its debt obligations, leading to the filing in the U.S. Bankruptcy Court for the District of Delaware yesterday.