What happened to Statehouse?

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Investing & Capital

Who will back Pelorus’s $1B “roll up”?

In late September, investment firm Pelorus Capital asked a judge to put Statehouse Holdings into receivership.

Though long expected, the collapse of one of California’s larger players was the latest sign of crisis in California’s REC market.

But several California observers suggested Statehouse’s well-known woes also owed to the same strategic mistake.

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