I don't understand how they are still trading. This is all I know.
On 30 October 2011, the company filed for bankruptcy protection under Chapter 11, Title 11, United States Code in the United States bankruptcy court in Delaware.[11][12] As part of the bankruptcy court proceedings, Beacon Power agreed on November 18 to sell its Stephentown facility to repay the DOE loan.
As of 6 February 2012, Rockland Capital, a private equity firm, bought the plant and most of the company's other assets for $30.5 million.[13] Rockland Capital intends to rehire most of staff and to provide the capital to build a second 20MW plant in Pennsylvania.[14]
"I tremble for my country when I reflect that God is just." - Thomas Jefferson