April 18, 2017 Comments (0) Blog

Panda Power Funds’ Power Plant Files for Bankruptcy Protection

Panda Power Funds
(Last Updated On: April 20, 2017)

Recovery of Investment Losses in Panda Power Funds

Have you suffered losses investing in Panda Power Funds? If so, the attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.

Panda Power Funds is a private equity firm that develops, owns, operates and manages investments in clean energy. Panda has five combined-cycle power plants in operation in Texas and Pennsylvania, and two combined-cycle power plants currently under construction in Pennsylvania and Virginia with a combined capacity of more than 5,800 megawatts. Panda Power Funds also has a 990 megawatt power project in Maryland in advanced development. The fund built a 20 megawatt solar farm in southwest New Jersey that is one of the largest solar facilities in the Northeast United States.

According to the Power plant operator Panda Temple, in court papers filed in U.S. Bankruptcy Court in Delaware, its natural-gas-fueled power plant has faced rising competition from renewable energy sources such as wind and solar, rendering its facility uneconomical.

The White Law Group is currently investigating the following Panda Power Funds offerings:

Panda Power Annex Fund A, LP
Panda Power Annex Fund B, LP
Panda Power Fund II A, LP
Panda Power Fund II B, LP
Panda Power Fund II Feeder, LP
Panda Power Generation Infrastructure Fund A, LP
Panda Power Generation Infrastructure Fund B, LP

Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim.

Free Consultation

If you suffered losses investing in Panda Power Funds and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.

The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, visit www.whitesecuritieslaw.com.