This story has been updated to include reactions from state legislative leaders.
PosiGen Developer LLC has alerted the State of Connecticut and three municipalities where it has offices that it will shut down all of its operations between Sept. 21 and Oct. 4.
Last month the solar panel company had announced in a WARN letter to the state Department of Labor that it would lay off 78 employees at its three facilities in Shelton, Danbury, and Wethersfield.
“The company no long believes that it will be able to effectuate a sale of its remaining business in a manner that will provide for continued operations,” the company stated in its notice. “As a result, the company now expects that it will terminate all of the remaining Connecticut employees.
In its original WARN notice, the company stated the impact of President Trump’s federal tax law is being cited for the reason solar developer and leasing company PosiGen Developer LLC to lay off 78 employees and begin to close its three state facilities in Danbury, Shelton, and Wethersfield, according to a notice filed with state Department of Labor Monday.
PosiGen Developer LLC alerted the state Department of Labor and the mayors of Danbury, Shelton, and Wethersfield that it has notified all its employees their positions will be terminated. It also alerted Danbury Mayor Roberto Alves, Shelton Mayor Mark Lauretti, and Wethersfield Mayor Ken Lesser it may have to closing its facilities in those municipalities if it is not able to obtain sufficient financing to continue operations or be able to sell its remaining business during the period of Aug. 31 and Sept. 13.
The company’s Connecticut offices are located at 50 Ivy Brook Road, Shelton; 98 Mill Plain Road, Suite 2C, Danbury; and 100 Great Meadow Road Suite 205, Wethersfield.
“The Company has been experiencing rapid growth recently due to certain external opportunities,” the company’s Aug. 25 notice stated. “The growth has placed the Company in a liquidity strain both in the short term and the long term.
“The Company was able to raise short-term financing to address its liquidity needs when it progressed towards a long-term financing solution. Ultimately, the Company’s efforts to raise long term capital, including through a possible asset securitization transaction, failed.”
State Democrats criticized the layoffs as yet another negative impact from Trump administration actions.
Senate President Pro Tempore Martin M. Looney (D-New Haven) and Senate Majority Leader Bob Duff (D-Norwalk) condemned the announcement that 78 Connecticut workers will lose their jobs due to President Trump’s attacks on the clean energy industry. PosiGen, a solar developer, announced this week that it will cease operations nationwide.
“This closure is not only a tragedy for the men and women who worked at PosiGen, but also a setback for our state and our nation,” said Looney. “At a moment when we should be investing in clean energy and job growth, President Trump has turned his back on progress. He is willing to take food off the table of Connecticut families to further the goals of big oil and gas.”
Duff added that he thinks Trump’s actions show he is not for the working man.
“President Trump talks a big game about standing up for the working man, but the truth is he’s left 78 Connecticut families without a paycheck,” said Senator Duff. “These are blue-collar jobs that built our clean energy future. Now they’re gone because Trump needed the money for tax cuts for billionaires and his corrupt circle.”
In the so-called WARN notice, PosiGen management cited the impact of the new Trump federal tax law. “This all occurred in the shadow of the passage of a new federal tax law that canceled certain federal renewable energy tax credits as of the end of 2025,” they stated. “(That) added regulatory uncertainty to the renewables industry and made it more difficult for the Company to secure financing.”
The layoffs and plant closure announcements were triggered when the company’s subisidary, PosiGen Backleverage LLC missed an interest payment on its credit facility in order to preserve capital to make payments to its channel partners and pay operating expenses, the WARN notice stated.
A majority of the jobs that were terminated were in the renewable energy standards (22 jobs) and inside sale representatives (8 jobs).
