North German wind park developer Prokon went bankrupt in January 2014. Now, in a gesture of commitment to a green energy future, its investors have voted to retain ownership by turning it into a ...
Prokon, a German financier, developer and operator of wind parks which financed itself via retail investors, has filed for insolvency, it announced on its website on Thursday. "Prokon Regenerative ...
BERLIN (AP) — Prokon, a German wind-energy financing company that attracted investors with promises of high returns, says it has filed for insolvency. The company said it made the filing Wednesday at ...
A majority of shareholders of the insolvent German wind farm operator Prokon have voted in favor of restructuring efforts that could see creditors recoup at least some of their original investment.
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As part of the Federal Network Agency's innovation tender, the Hamburg-based battery marketer, suena energy, and Europe's largest energy cooperative, Prokon Regenerative Energien eG (Prokon), are ...
“If we do not succeed – together with you, our investors – to stabilise the liquidity position very fast, we will probably be legallyobliged to start insolvency procedures due to an impending ...
Prokon Regenerative Energien GmbH, a German clean-power developer, collected 1.4 billion euros ($1.9 billion) from investors seeking to profit from the booming wind industry. It may now have to file ...
Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. A German renewable energy developer that raised nearly €1.4bn by selling “profit-participation certificates” ...
FRANKFURT, Jan 22 (Reuters) - German wind park group Prokon, which had raised 1.4 billion euros ($1.9 billion) mainly from retail investors, has filed for insolvency, a court in the north German town ...