Verengo Solar has announced it plans to sell its more than 20,000 installed systems to retail energy supplier Crius Energy as part of its bankruptcy proceedings. On September 23, Verengo - formerly the No. 3 residential solar installer in California - filed for Chapter 11 bankruptcy protection after defaulting on a bank loan. The planned sale to Crius Energy was also announced at the time. The deal is reported to be worth $11.9 million, with an immediate infusion of $2.25 million to pay off a portion of Verengo's debt. ...Den vollständigen Artikel lesen ...