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Li-ion manufacturer Ener1 files pre-packaged Chapter 11 bankruptcy

Green Car Congress

has initiated a pre-packaged Chapter 11 bankruptcy case to implement a restructuring plan agreed on by its primary investors and lenders. million in federal grant funding under the stimulus package. million in federal grant funding under the stimulus package. Li-ion manufacturer Ener1, Inc.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Five months ago. Billion in Q1 2009 vs. $28.3

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