Proceedings.

Switch Power Corp.

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Active
Proceeding
Proposalsection 50.4(9) of the BIA
File
25-3138927
Filings held16
Last activity11 Feb 2025
On the record712 days
Secured debtSubscribers
OverviewSummary updated

Switch Power Corp. commenced Division I proposal proceedings under the Bankruptcy and Insolvency Act on October 9, 2024, in the Court of King's Bench of Alberta under court file number 25-3138927. The proceeding remains active. The record consists of a single milestone, the filing that opened the case; no subsequent orders, reports or hearing dates appear in it. The identity of the proposal trustee, the scope of any stay and the terms of any proposal are not recorded here.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Proceedings AIAsk this case — answers cite the filings
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Case updates16 dated entries

13 earlier updates, back to 9 October 2024 subscribers.

Parties

Debtor

Switch Power Corp.

Proposal trustee

Harris & Partners

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice JeffreyCourt of King's Bench of Alberta1 order, Dec 202437 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorAddress for Service and Contact Information of Filing This DocumentMiller Thomson LLP5 Nov 2024Order · 5 Nov 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredSaskworks Venture Fund Inc. · in 3 casesSubordinated debenture — Same creditor also holds an unsecured accounts payable claim (see unsecured list) — debtor: Switch Power Corp. · as of 9 Oct 2024$2.23MNotice to Creditors (NOI) - Switch Power Corp.

109 more claims across lower-ranking classes

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Sale processAs stated in the filings

3 transactions · 1 closed · 1 proposed · 1 approvedThe Transaction is approved by this order.Approval and Vesting Order (November 5, 2024) · 5 Nov 2024

PurchaserPriceStatusSource
Sitka Power Services Inc.the Vendor's right, title and interest in, to and under the Purchased Assets · asset sale · agreement 28 Oct 2024not statedCloseddate not statedSecond Report of the Proposal Trustee (December…
Cardonthe tangible and intangible assets of the two of the Company's solar development projects: Cypress North and Cypress South · asset salenot statedProposedSecond Report of the Proposal Trustee (December…
Pace Canada LPthe Vendor's right, title and interest in, to and under the Shares (as defined in the Share Purchase Agreement) · share sale · agreement 18 Dec 2024not statedApproved20 Dec 2024Approval and Vesting Order (December 23, 2024)
AdvisorsFort Capital Partners Alberta (financial advisor); Selkirk Advisory Group (financial advisor)First Report of the Proposal Trustee (October 29, 2024)
Closing termsVesting occurs upon delivery of the Proposal Trustee's Closing Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.Approval and Vesting Order (November 5, 2024)
RecoveriesAs declared or paid

Canadian Western Bank (CWB): a distribution.FinalApplication (December 10, 2024) · 10 Dec 2024

ClassCreditorClaimsRecoveryBasisSource
SecuredCanadian Western Bank (CWB)a distributioninterimFinalApplication (December 10, 2024) · 10 Dec 2024

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.

2 stated figures across 1 outcome, each sourced

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$28.8K

As at 10 Dec 2024Second Report of the Proposal Trustee (December 10, 2024)

2 more reported figures, as at 10 Dec 2024

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Documents
16 filings
DateDocumentFile
Proof of Claim PackagePDF · Subscribers
Certificate of Assignment (February 7, 2025)PDF · Subscribers
Approval and Vesting Order (December 23, 2024)
  • Order date 20 December 2024
  • Purchaser Pace Canada LP · the Vendor's right, title and interest in, to and under the Shares (as defined in the Share Purchase Agreement) · share sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Order (December 23, 2024)
  • Presiding officer Justice P. R. Jeffrey
PDF · Subscribers
Affidavit of J.Matulin (December 19, 2024)PDF · Subscribers
Application (December 10, 2024)
  • Applicant SWITCH Power Corporation
  • Appointee Harris & Partners Inc
  • Appointee role Proposal Trustee
  • Commencement date 9 October 2024
  • + 4 more extracted facts
PDF · Subscribers
Second Report of the Proposal Trustee (December 10, 2024)
  • Closing confirmed Closed · date not stated · Sitka Power Services Inc.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Affidavit of T.White (December 9, 2024)PDF · Subscribers
Approval and Vesting Order (November 5, 2024)
  • Closing terms Vesting occurs upon delivery of the Proposal Trustee's Closing Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
  • Order date 5 November 2024
  • Purchaser Sitka Power Services Inc. · the Vendor's right, title and interest in, to and under the Purchased Assets · asset sale · approved
  • Sale outcome Sale approved — The Transaction is approved by this order.
  • + 1 more extracted fact
PDF · Subscribers
Order (November 5, 2024)
  • Counsel Miller Thomson LLP
  • Presiding officer Justice J. J. Gill
PDF · Subscribers
Application (October 30, 2024)
  • Applicant SWITCH Power Corporation
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 25-3138927
  • Statutory basis section 50.4(9) of the BIA
PDF · Subscribers
Affidavit of M. Ceko (October 29, 2024)PDF · Subscribers
First Report of the Proposal Trustee (October 29, 2024)
  • Process results 7 NDAs · as of 29 Oct 2024
  • Purchaser Sitka Power Services Inc. · Switch's assets · asset sale · proposed
  • Sale advisor Fort Capital Partners Alberta (financial advisor); Selkirk Advisory Group (financial advisor)
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Affidavit of T. White (October 26, 2024)
PDF · Subscribers
Notice to Creditors (NOI) - Switch Power Corp.
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Preliminary Report to CreditorsPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Switch Power Corp.” (Proposal), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/switch-power-corp

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/switch-power-corp

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.