Switch Power Corp., a Calgary, Alberta-based sustainable power and energy generation company, filed an NOI on October 9 listing liabilities of over $9.7 million, including $500 thousand to CWB and $664 thousand to Cardon Group.

The company was founded in 2019 and developed and built power generating assets that produce meaningful megawatts, contributing to a sustainable future for organizations and communities.

For several months the company has been facing a liquidity crisis due to difficult market conditions.

The purpose of the NOI proceedings is to complete negotiations and a sale of the company’s assets. 

Harris & Partners is the proposal trustee.

Counsel is Miller Thomson for the company, Lawson Lundell for the proposal trustee and BD&P for CWB.