About CH4 Power, LLC
CH4 Power, LLC (“CH4”) was formed to provide financing to Advanced Green Innovations, LLC and its subsidiaries ZHRO Power, LLC, and ZHRO Solutions, LLC (collectively the “Debtor”) as “debtors in possession” in their consolidated bankruptcy case (the “Bankruptcy”). CH4 offered qualified investors who were the Debtor’s existing creditors and investors the opportunity to participate in funding the company’s “DIP Loan” by offering for sale Membership Units in CH4 under the terms and conditions of a private placement offering documents.*
The DIP Loan provided critical funding for the Debtor during the Bankruptcy as it was able to emerge from Chapter 11 Reorganization on July 31, 2020. The DIP Loan allowed the Debtor and its reorganized successor, Proteum Energy, LLC to continue the development of its proprietary and patented technology to produce hydrogen, designer fuels, and CO2 (capture) from heavy hydrocarbon natural gas liquids in the oil and gas ”midstream”. Under the Chapter 11 Plan of Reorganization approved by 97% of the Debtors’ creditors (“Plan”) CH4 converted the DIP Loan obligation into common units in Proteum Energy™ to become its largest equity holder upon exit from Bankruptcy.
CH4 is governed by a Board of Directors elected by the members and the “backstop investors” as provided in the Company’s operating agreement. Several of CH4’s directors also serve on the board of directors of Proteum Energy™.
* Nothing in this website should be construed as a solicitation offer to sell, or a solicitation of an offer to buy, any security or investment in CH4.