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Stock impact report

This Major Energy Company Is Blaming The White House For Its Bankruptcy [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
One of the largest renewable energy developers has filed for bankruptcy, and it's blaming President Trump and his administration for the situation. North Carolina-based Pine Gate Renewables filed for Chapter 11 bankruptcy protection in Texas on November 6, 2025. Despite serving 38 states with commercial and utility solar power, Pine Gate struggles with liquidity issues, and Trump administration's anti-clean energy position has driven the company into bankruptcy. "Legislative and regulatory challenges have significantly slowed solar power development," the company said in a statement to the court, via TheStreet . The narrow passage of Trump's "One Big Beautiful Bill Act" has impacted everything from the "senior deduction" for those eligible , to Social Security benefits still being taxed, to cuts to SNAP benefits in Oregon and other states Pine Gate's court statement highlighted how the Big Beautiful Bill's slashing of tax credits for the energy sector and limitations on using equ Show less Read more
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