Posts tagged with
Chapter 11

Colorado Wood Pellet Manufacturer Files For Bankruptcy

A Colorado-based company that says it is the largest wood pellet manufacturer in the western United States has filed for Chapter 11 bankruptcy. Confluence Energy LLC, which is based in Kremmling in Grand County, said in a Tuesday filing that it owes $14.95 million to between 100 and 199 creditors. The company listed assets of […]

Drax Biomass To Acquire Louisiana Wood Pellet Company

Drax Biomass—the wood pellet manufacturing company that operates two huge white pellet storage domes at the Port of Greater Baton Rouge, as well as two other pellet production facilities in the area—has been selected as the winning bidder for the acquisition of Louisiana Pellets out of bankruptcy. The Urania-based company filed for Chapter 11 in […]

German Pellets Fate Hangs In The Balance In Louisiana

From: Wood Bioenergy Staff A week after an insolvency court in Germany initiated proceedings against the assets of German Pellets GmbH, one of German Pellets’ affiliate wood pellet operations in the U.S., Louisiana Pellets (also German Pellets Louisiana), commenced filings on February 18 for Chapter 11 with the U.S. Bankruptcy Court for the Western District […]

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