Liberty Power’s DIP financing access extended through Sept. 30

By Sarah Lizee

Olympia, Wash., Aug. 29 – Liberty Power Holdings LLC’s use of its post-petition secured financing and use of cash collateral was extended through Sept. 30 from Aug. 31, according to a notice filed with the U.S. Bankruptcy Court for the Southern District of Florida.

DIP lender Boston Energy Trading and Marketing, LLC has consented to the extension.

The company is authorized to obtain up to $15 million in the DIP financing and $5 million credit base.

Liberty Power is an electric retailer based in Fort Lauderdale, Fla. The company filed Chapter 11 bankruptcy on April 20, 2021 under case number 21-13797.

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