Freedom Forever bankruptcy converted to Chapter 7 liquidation with financing partners authorized to complete stranded solar installations
Type: Financing · Technology: Solar · Country: United States · Announced: 2026-08-07
Freedom Forever's bankruptcy case was officially converted from Chapter 11 reorganization to Chapter 7 liquidation on August 7, 2026, following the failure of a dual-track process to secure an asset sale or outside investor sponsorship. The Office of the United States Trustee appointed Alfred T. Giuliano as Chapter 7 trustee to oversee liquidation, with a creditors meeting set for September 22, 2026 and a claim filing deadline of October 16, 2026. In a key development, the bankruptcy court granted relief from the automatic stay to former financing partners Credit Human, EnFin, EverBright, GoodLeap, Participate, Project Solar, and Sunrun, authorizing them to enforce contractual remedies and complete stranded solar installations. GoodLeap was specifically granted permission to take physical possession of solar projects and equipment, while EnFin's consigned hardware was directed to be returned outside estate property constraints, enabling these partners to hire new contractors and bring systems to permission-to-operate status.
Counterparties
- EverBright (Lender)
- GoodLeap (Lender)
- Participate (Lender)
- EnFin (Lender)
- Alfred T. Giuliano (Trustee)
- Credit Human (Lender)
- Sunrun (Lender)
- Freedom Forever (Borrower)
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