NC Energy Efficiency Aggregator Hits Ch. 11 After $1B Penalty

By Hilary Russ · July 20, 2026, 12:15 PM EDT

North Carolina-based energy efficiency aggregator American Efficient LLC has filed for bankruptcy, listing between $1 billion and $10 billion of estimated liabilities on its petition, three months after being hit with...

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Bankruptcy Scorecard

Summary

An energy efficiency aggregator sought bankruptcy protections three months after federal regulators hit it with a more than $1 billion penalty.

Case Number

3:26-bk-30968

Judge

Laura T. Beyer

Venue

U.S. Bankruptcy Court for the Western District of North Carolina

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Documents

Case Information

Case Title

Midcontinent Energy LLC

Case Number

5:26-bk-50299

Court

North Carolina Western

Nature of Suit

Date Filed

July 18, 2026


Case Title

American Efficient Origination LLC

Case Number

5:26-bk-50298

Court

North Carolina Western

Nature of Suit

Date Filed

July 18, 2026


Case Title

Affirmed Energy LLC

Case Number

5:26-bk-50297

Court

North Carolina Western

Nature of Suit

Date Filed

July 18, 2026


Case Title

American Efficient LLC

Case Number

5:26-bk-50296

Court

North Carolina Western

Nature of Suit

Date Filed

July 18, 2026


Case Title

American Efficient LLC

Case Number

3:26-bk-30968

Court

North Carolina Western

Nature of Suit

Date Filed

July 18, 2026