TPI Composites (TPIC) sank ~38% premarket after the wind turbine blade maker filed for Chapter 11 bankruptcy, listing $500 million- $1billion in assets and $1billion- $10 billion in liabilities. Lender Oaktree Capital will provide $27.5 million in new funding plus $55 million from an existing loan. The move comes amid US policy headwinds and industry weakness. Shares are down ~85% YTD.