Independent Power and Renewable Electricity Producers
Company Overview of Blue Earth Inc.
Blue Earth, Inc., together with its subsidiaries, provides energy efficiency and alternative/renewable energy solutions for small and medium sized commercial and industrial facilities. It also owns, manages, and operates independent power generation systems; and engineers, develops, constructs, operates, and maintains small and medium scale alternative/renewable energy power plants, including solar photovoltaic, combined heat and power, or on-site cogeneration and fuel cells. In addition, the company manufactures, sells, and installs commercial refrigeration gaskets and strip curtains, as well as sells and installs other energy efficiency products, such as EC motors, LED lights, and various ...
2298 Horizon Ridge Parkway
Henderson, NV 89052
Founded in 2007
Key Executives for Blue Earth Inc.
Blue Earth Inc. does not have any Key Executives recorded.
Blue Earth Inc. Key Developments
Blue Earth Deleted From Other OTC
Aug 2 16
Blue Earth Inc.’ common stock deleted from Other OTC, effective August 2, 2016. The deletion was due to bankruptcy plan effective/shares cancelled.
Blue Earth Files Form 15
Aug 1 16
Blue Earth Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock, $0.001 PAR VALUE under the Securities Exchange Act of 1934, as amended.
First Amended Joint Reorganization Plan Approved for Blue Earth Inc.
Jul 21 16
The US Bankruptcy Court approved the modified first amended joint plan of reorganization of Blue Earth Inc. on July 21, 2016. The debtor had filed its modified amended plan in the Court on July 20, 2016. As per the modified amended plan, Administrative Claims of $1.48 million, Professional Compensation, Priority Tax Claims Priority Claims will receive cash in full. Holders of Other Secured Claims shall either get their claims reinstated or payment in cash or receive the collateral. Holders of Prepetition Note Secured Claims of $23.28 million will receive 100% of the common stock of the reorganized debtor by payment of $1 million, assumption of allowed prepetition note secured claim of $8 million and balance will be treated as deficiency claim. TCA other secured claims shall be satisfied by delivering the collateral securing the claim. General unsecured claims shall be made a one-time payment equal to 40% of allowed amount and 100% of claim plus interest accruing from and after the effective date. JIG Deficiency Claim shall receive or 5% one time payment of the claim amount plus Pro Rata share of in the Litigation Trust Assets. D&O Claims shall not receive any payment from the Estate, Litigation Trust or the Reorganized Debtors and will be satisfied through the D&O Policies. Holders of Section 510 Claims shall be extinguished on the Effective Date and will not receive any distribution pursuant to the Plan. Intercompany Claims may be extinguished or compromised by distribution, contribution or otherwise at the discretion of the Debtors. Blue Earth Interests shall be cancelled and extinguished. Holders of Blue Earth Interests shall not receive any distribution pursuant to the Plan. All BE Tech Equity Interests shall not receive any distribution pursuant to the Plan and shall be reinstated. The plan will be funded through Exit Contingent Note of $8 million and $1 million received from issuance of debtor’s new equity.
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