From pv journal Germany
German PV challenge developer Fellensiek Projektmanagement GmbH & Co. KG (FPM Projektmanagement) filed for chapter as a consequence of liquidity issues.
The Wilhelmshaven District Court in northern Germany ordered provisional insolvency administration for Fellensiek, appointing Christian Kaufmann from Pluta Rechtsanwalts GmbH as provisional insolvency administrator on Sept.
Kaufmann mentioned enterprise operations will proceed with 20 workers, and their salaries will likely be assured for 3 months. The insolvency is because of claims price “hundreds of thousands” of euros from an unspecified investor. While the holding firm is affected, the 20 challenge corporations within the group are usually not a part of the insolvency proceedings.
“In the approaching weeks, we are going to analyze which choices are potential for Fellensiek,” Kaufmann mentioned. “For this cause, we are going to conduct negotiations with events who wish to take over the photovoltaic initiatives.”
FPM Projektmanagement – based in 2012 in Jever, Germany – initially targeted on wind farms. It now specializes within the improvement of huge PV methods. It leases rooftop area for its initiatives, and manages planning, financing, development, and operations, along with feeding electrical energy into the grid. FPM Projektmanagement additionally sells photo voltaic methods to 3rd events.
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