PosiGen Files for Chapter 11 Bankruptcy in Texas

PosiGen PBC and its affiliations have filed for relief under Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of Texas.

• Estimated assets (on a consolidated basis): $100m-$500m
• Estimated liabilities (on a consolidated basis): $100m-$500m
• NOTE: In Dec., PosiGen Gets $200m Funding From Brookfield Asset Management

To contact the reporter on this story:
Rieka Rahadiana in Singapore at rrahadiana@bloomberg.net

To contact the editors responsible for this story:
Tim Smith at tsmith58@bloomberg.net

Natalie Choy

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