Home Must Reads ClearEdge Power seeks bankruptcy protection

ClearEdge Power seeks bankruptcy protection

| Print |  Email
Must Reads
Tuesday, May 06, 2014

The Hillsboro fuel-cell manufacturer will have to restructure millions of dollars in debt to survive.

The fuel-cell manufacturer lined up $73.5 million three years ago, a deal that emerged as the state’s largest investment round of 2011. Executives now say the company owes more than $100 million to at least 1,000 creditors, according to a Chapter 11 bankruptcy petition filed last week.

Its move to seek bankruptcy protection came a week after it shut down its Connecticut operations and laid off more than 250 employees.

Read more at OregonLive.com

 

More Articles

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS