Oregon clean energy company files for bankruptcy, claiming more than $300 million in debt

Tualatin battery manufacturer Powin filed for Chapter 11 bankruptcy Tuesday, reporting more than $300 million in debt.

Powin warned last month that it was preparing to lay off nearly 250 employees, including 100 at its Tualatin headquarters and office in Portland’s Pearl District. In Tuesday’s bankruptcy filing, Powin said those layoffs took place June 6.

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