Ryze Renewables II, LLC – Court Approves Sale of Assets to Edgewood Renewables after Animated June 13th Auction Saw Price Jump from $13mn to $36.5mn
June 22, 2023 – Further a June 13th auction and a June 22nd sale hearing, the Court hearing the Ryze Renewables II cases issued an order approving the sale of the substantially all of the Debtors’ assets, including their Las Vegas biofuels refinery, to Edgewood Renewables, LLC (the “Buyer” or “Successful bidder,” $36.5mn purchase price)…