Photovoltaic panels on a Solar Farm in Hailsham, U.K.Photographer: Chris Ratcliffe/Bloomberg
“A solar energy company has fallen into administration after racking up more than half a billion pounds in debt to a local authority in Essex, southern England.
Toucan Energy Holdings 1 Ltd., which owns 53 solar farms across the country and was run by the financier Liam Kavanagh, had borrowed £655 million ($773 million) over four years from Thurrock Council to fuel its expansion.”
via Real Climate Science
November 15, 2022