Bankruptcy
May 1, 2012
Solar company buys itself more time to find buyers for projects
Oakland-based Solar Trust of America, which declared bankruptcy at the beginning of the month, has received a loan from Mason Capital Management that will give it more time to receive and vet bids for power projects.
Daily Journal Staff Writer
Oakland-based Solar Trust of America, which declared bankruptcy at the beginning of the month, has received a loan from Mason Capital Management that will give it more time to receive and vet bids for power projects it was developing in California and Nevada.
One of the projects, the Blythe Solar Power Project near Blythe, Calif., is over 1000 megawatts - making it among the largest solar projects in t...
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