As recently as February 2026, the company was out there signing deals. A new power purchase agreement with Hankook Tire. Existing contracts with Nestle, Cargill, Mars, and Auchan. A solar pipeline of over a gigawatt under construction in Poland. Nobody looking at it from the outside would have seen what was coming.
Three months later it had €1.1 million in the bank and $952 million in debt. On May 29, 2026, GoldenPeaks Poland Holding and 39 affiliated entities walked into the U.S. Bankruptcy Court for the Southern District of Texas and filed for Chapter 11, according to Bloomberg Law.
What brought GoldenPeaks Poland to bankruptcy court
What brought the company down started with a subsidiary….