Anaergia Announces Commencement of Restructuring Proceedings by Rialto Bioenergy Facility, LLC
BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia' or the 'Company') (TSX: ANRG) announced today that one of its subsidiaries, Rialto ...
May 25, 2023
8:25 PM
BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia' or the 'Company') (TSX: ANRG) announced today that one of its subsidiaries, Rialto Bioenergy Facility, LLC ('RBF'), initiated voluntary Chapter 11 restructuring proceedings in the U.S. Bankruptcy Court for the Southern District of California. RBF is 51% owned by Anaergia's wholly owned subsidiary, Anaergia Services, LLC. RBF anticipates that, during the restructuring proceeding, it will continue to operate its state-of-the-art, mul