Stilo Energy, specializing in the installation of photovoltaic panels, has submitted a bankruptcy petition. At the same time, the Management Board announces a new restructuring plan.
As reported by the Company, the bankruptcy petition “will enter into force in the event of a possible materialization of the scenario of not completing the success of the new restructuring proceedings”.
Trouble Stilo Energy
The first information about the company's troubles and the need to make changes appeared as early as 2022. “One of the largest home institutional installers wants restructuring and arrangement with creditors,” wrote the company Portal Wysokiecznej.
It was estimated that the reason for this decision was the introduction of net-biilling in Poland, which is a less favorable and more complicated support system for new prosumers compared to an earlier discount system.
Stilo Energy
Stilo Energy offers photovoltaic installations. She made her debut at NewConnect in April 2021.
It was reported on the company's website that Stilo Energy on April 29, 2024 presented new arrangement proposals, enabling further economic activity. “An alternative to accepting the system is bankruptcy proceedings, which will result in lower satisfaction of creditors in the face of stopping business,” it was reported.
On October 22, 2024, a court decision to set aside the system was sent to the company, to which Stilo Energy filed a complaint. In February 2025, the complaint was dismissed.
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