Filing Alert: PGR Lessee I Chapter 11

PGR Lessee I, LLC and its debtor affiliates⁽¹⁾, a Houston, TX-based developer and owner-operator of utility scale solar and energy storage projects, filed for Chapter 11 protection on Sep. 9 in the U.S. Bankruptcy Court for the Southern District of Texas.

The company reports $100 million to $500 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-90773.

⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.

Chapter 11 Debtors

Top Unsecured Claims

Key Parties

Counsel:

• Joshua W. Wolfshohl
  Porter Hedges LLP
  Email: jwolfshohl@porterhedges.com

Financial Advisor:

• Rock Creek Advisors, LLC

Signatories:

• Craig R. Jalbert – Special Manager

Equity Security Holders:

• PGR Manager I, LLC – 100% Equity Interest

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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