Behind Solar Tech Co. Sunpower's $2B Ch. 11

By Emily Lever · August 8, 2024, 8:23 PM EDT

Residential solar technology company SunPower Corporation landed in Chapter 11 this week with $2 billion in debt after an accounting fiasco coupled with rough macroeconomic trends sent it into a liquidity...

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Bankruptcy Scorecard

Summary

Residential solar technology company SunPower Corporation filed for Chapter 11 protection saying it was in a liquidity crisis due to decreased demand and has plans to sell its assets.

Case Number

24-bk-11649

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$2.01 billion

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Documents

Related Sections

Case Information

Case Title

SunPower Corporation

Case Number

1:24-bk-11649

Court

Delaware

Nature of Suit

Date Filed

August 05, 2024

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