Founder of Baltimore County solar firm files for bankruptcy

Category: Bankruptcy Law Published: Saturday, 31 January 2015 Written by Admin

Wittemann filed for Chapter 7 bankruptcy-law protection in Massachusetts in late November, listing about $3.928 million in debts, including more than $60,000 in federal and state taxes. The debts include thousands to state and local companies, banks and local government agencies.

Wittemann declined to comment through his Massachusetts-based attorney, Leslie F. Su, who also wouldnt comment.

Formed in 2007 after Maryland began allowing the owners of solar energy systems to sell credits based on their output, Greenspring Energy grew quickly, opening offices in Pennsylvania and North Carolina. In 2011, it was recognized as the nations fastest-growing privately owned energy company by Inc. magazine and in 2012 was inducted into Baltimore County Chamber of Commerces Hall of Fame.