Court actions continue to pile up against an energy company proposing a solar panel manufacturing plant in Rockland.
Camden National Bank filed a lawsuit this week in 6th District Court in Rockland against Ascendant Energy Co. for more than $19,000 owed on a loan, according to VillageSoup. The bank claims the money is owed from more than $23,000 the company borrowed from the bank in April 2007.
Ascendant’s other recent legal problems include a judgment filed in August in Knox County Superior Court on behalf of a former employee for reimbursement of nearly $13,000 in purchases the employee made for the company. Also, in July, a $62,000 attachment was filed in Knox County Registry of Deeds on behalf of Portland Insulation for payment of work owed, according to the news service.
This summer Ascendant Energy founder and CEO Chris Straka blamed the sour economy for the company’s problems, but told the news service that he intends to apply for a $200,000 Community Development Block Grant in March 2010 to support the project. He announced plans in April to build a $5 million solar panel manufacturing facility that would employ 39 people and in June received a $575,000 grant from the Maine Technology Institute.
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