Filing Alert: TPI Composites Chapter 11
TPI Composites Files Chapter 11 in Southern District of Texas
TPI Composites, Inc. and its debtor affiliates⁽¹⁾, a Scottsdale, AZ-based manufacturer of composite wind turbine blades, filed for Chapter 11 protection on August 11, 2025, in the U.S. Bankruptcy Court for the Southern District of Texas.
The company reports $591.7 million in assets and $1.1 billion in liabilities (as of June 30, 2025). The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-34655.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Gabriel A. Morgan & Matthew S. Barr
- Weil, Gotshal & Manges LLP
- Email: gabriel.morgan@weil.com & matt.barr@weil.com
Financial Advisor:
- Alvarez & Marsal North America, LLC
Investment Banker:
- Jefferies LLC
Signatories:
- William E. Siwek – Authorized Signatory
Claims Agent:
Equity Security Holders:
- Zeki Bora Turan Akdeniz Mahall – 15.6% Equity Interest
- Oaktree Capital Management L.P. – 9.4% Equity Interest
- Dere Construction Taahut A.S. – 9.0% Equity Interest
- Other Minority Holders – 65.9% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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