Solar Co. Pine Gate's $1.4B DIP Roll-Up Denied For Now

By Alex Wittenberg · November 10, 2025, 8:58 PM EST

A Texas bankruptcy judge on Monday rejected solar energy developer Pine Gate Renewables' bid to roll up more than $1.4 billion in existing debt into a Chapter 11 financing package, saying...

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Bankruptcy Scorecard

Summary

Solar panel facility operator Pine Gate filed for bankruptcy protections with plans to sell its assets by the end of 2025 and confirm a Chapter 11 plan in early 2026.

Case Number

4:25-bk-90669

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Case Information

Case Title

Pine Gate Renewables, LLC

Case Number

4:25-bk-90669

Court

Texas Southern

Nature of Suit

Date Filed

November 06, 2025