STS Renewables Ltd. et al.
- Proceeding
- CCAACCAA
- Industry
- Energy · Power & utilities
STS Renewables Ltd., together with affiliated debtors including Earth Drilling Co. Ltd (Canada), On Track Drilling Inc., Harris Exploration Drilling & Associates, Inc., Subterra Capital Partners Inc., Earth Canada Acquisitions Co. Ltd., Earth Drilling Co. Ltd (USA) and STS Renewables Earth USA Acquisition Co. Ltd., commenced proceedings under the CCAA in Ontario on May 15, 2025. The proceeding is now closed. Filed creditor records show The Bank of Nova Scotia as secured lender across the debtor group for $41,000,000 CAD, alongside unsecured claims that include $13,200,000 CAD owed to noteholders of STS Renewables Ltd., $100,000 CAD owed to its shareholders, and a broad base of trade, legal and employee creditors spread across the affiliated entities.
Monitor's Certificate (re Sale of Equipment as per Equipment AVO) — Court officer certificate
Motion Record of the Companies (re Drilling RVO, Equipment Sale AVO, Utility Developer AVO, Third Stay Extension Order) — Application / notice of application
Motion Record of the Companies (re Second Stay Extension Order) — Application / notice of application
Motion Record (re Non-Applicant Stay Parties to be removed from ARIO) — Application / notice of application
Motion Record of the Applicants (re ARIO and SISP Approval Order) — Application / notice of application
Debtor
STS Renewables Ltd. et al.
Monitor
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 9 orders, Jul 2025 – Nov 2025 | 318 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 8 orders, May 2025 – Aug 2025 | 168 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Sep 2025 | 198 cases on record |
Counsel of record
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | The Bank of Nova Scotia · in 115 casesListed in List of Creditors as amount due to secured creditor. — debtor: On Track Drilling Inc., Earth Drilling Co. Ltd (Canada), STS Renewables Ltd., Earth Canada Acquisitions Co. Ltd., Harris Exploration Drilling & Associates, Inc., Earth Drilling Co. Ltd (USA), STS Renewables Earth USA Acquisition Co. Ltd. | $41M | List of Creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
235 more claims in 3 classes The stack holds Secured, PMSI / lessors and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedFifth Report of the Monitor · 8 Oct 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the monitor | Fifth Report of the Monitor · 8 Oct 2025 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
3 engagements · 2 firms — latest: Reconstruct LLP, 1 May – 18 Nov 2025, in feesSixth Report of the Monitor · 21 Nov 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| PricewaterhouseCoopers Inc.Monitor | 15 May – 15 Nov 2025 | Supplement to the Sixth Report · 25 Nov 2025 | |||
| ReconstructCounsel to the monitorperiod 2 of 2 | 15 May – 18 Nov 2025 | — | — | not stated | Supplement to the Sixth Report · 25 Nov 2025 |
| Reconstruct LLPCounsel to the monitorperiod 2 of 2 | 1 May – 18 Nov 2025 | Sixth Report of the Monitor · 21 Nov 2025 |
6 blurred figures above
What each firm billed — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
CCAA Termination and Ancillary Matters Order
| PDF · Subscribers | |
Distribution Order
| PDF · Subscribers | |
Endorsement of J Cavanagh
| PDF · Subscribers | |
Supplement to the Sixth Report
| PDF · Subscribers | |
| Factum of the Applicants | PDF · Subscribers | |
Sixth Report of the Monitor
| PDF · Subscribers | |
| Application Record of the Applicants | PDF · Subscribers | |
| Monitor's Certificate (re Sale of Equipment as per Equipment AVO) | PDF · Subscribers | |
Drilling RVO
| PDF · Subscribers | |
Endorsement of J Cavanagh – dated 2025-10-21
| PDF · Subscribers | |
Equipment Sale AVO
| PDF · Subscribers | |
Third Stay Extension Order
| PDF · Subscribers | |
Utility Development AVO
| PDF · Subscribers | |
| Factum of the Applicants – dated 2025-10-10 | PDF · Subscribers | |
Fifth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Companies (re Drilling RVO, Equipment Sale AVO, Utility Developer AVO, Third Stay Extension Order) | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Endorsement of J. Black (re Second Stay Extension Order)
| PDF · Subscribers | |
Second Stay Extension Order
| PDF · Subscribers | |
Service List – dated 2025-09-25
| PDF · Subscribers | |
| Factum of the Companies | PDF · Subscribers | |
| Fourth Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Companies (re Second Stay Extension Order) | PDF · Subscribers | |
Service List – dated 2025-08-26
| PDF · Subscribers | |
Endorsement of J Osborne
| PDF · Subscribers | |
Endorsement of J Osborne (re August 7, 2025 Forum ROFO hearing)
| PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
| Factum of the Applicants – dated 2025-08-05 | PDF · Subscribers | |
Service List – dated 2025-08-01
| PDF · Subscribers | |
| Third Report of the Monitor | PDF · Subscribers | |
| Notice of Motion (re Stay Extension Order) | PDF · Subscribers | |
Service List – dated 2025-07-24
| PDF · Subscribers | |
Order (re Forum Parties Removed from ARIO)
| PDF · Subscribers | |
| Aide Memoire of Forum Subterra Limited Partnership | PDF · Subscribers | |
| Motion Record (re Non-Applicant Stay Parties to be removed from ARIO) | PDF · Subscribers | |
Service List – dated 2025-07-08
| PDF · Subscribers | |
Service List – dated 2025-06-27
| PDF · Subscribers | |
| Aide Memoire of the Applicants | PDF · Subscribers | |
| Aide Memoire of the Forum Parties | PDF · Subscribers | |
Aide Memoire of the Bank of Nova Scotia
| PDF · Subscribers | |
| Second Report of the Monitor | PDF · Subscribers | |
Service List – dated 2025-06-20
| PDF · Subscribers | |
| Aide Memoire of the Forum Entities | PDF · Subscribers | |
Service List – dated 2025-06-16
| PDF · Subscribers | |
| Aide Memoire of the Companies | PDF · Subscribers | |
| Notice of Motion of the Company (Re Declaration re Right of First Order) | PDF · Subscribers | |
| Order Granting Verified Petition | PDF · Subscribers | |
| Notice of Appearance of the Minister of National Revenue | PDF · Subscribers | |
| Notice of Appearance of Part Four Inc | PDF · Subscribers | |
Amended and Restated Initial Order (ARIO)
| PDF · Subscribers | |
Endorsement of J. Osborne (re ARIO and SISP Approval Order)
| PDF · Subscribers | |
SISP Approval Order
| PDF · Subscribers | |
| Factum of the Applicants (re ARIO and SISP Approval Order) | PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
Service List (updated)
| PDF · Subscribers | |
Service List – dated 2025-05-22
| PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
| Motion Record of the Applicants (re ARIO and SISP Approval Order) | PDF · Subscribers | |
| Notice of CCAA | PDF · Subscribers | |
| Notice of Recognition Hearing | PDF · Subscribers | |
| Order Granting Provisional Relief | PDF · Subscribers | |
| Order Scheduling Recognition Hearing | PDF · Subscribers | |
Service List – dated 2025-05-20
| PDF · Subscribers | |
Endorsement of J. Osborne (re Initial Order)
| PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| Application Record of the Companies | PDF · Subscribers | |
| Factum of the Companies – dated 2025-05-14 | PDF · Subscribers | |
| Pre-Filing Report of the Monitor | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “STS Renewables Ltd. et al.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/sts-renewables-ltd-et-al