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 ...
German politicians are vowing tougher laws to protect investors following the collapse of a wind farm company that exposed investors to potential losses of €1.4 billion ($1.9 billion). Chancellor ...
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 ...
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 ...
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.
GE Vernova Inc. (NYSE: GEV) has signed a deal with German cooperative Prokon Regenerative Energien eG to repower a wind farm in Fleetmark, Saxony-Anhalt, with eight of its 6MW-164m onshore turbines ...
Wind OEM Senvion has signed agreements covering 130MW with German developer Prokon, including a firm order for a prototype of its 4.2M140 machine. The prototype installation will start this year, said ...
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” ...