By Susan Edmunds
A nationwide solar power company that was founded in Christchurch has been put into liquidation, leaving some customers worried about the contracts they have signed with the business.
SolarZero – which offers customers solar power systems with no upfront cost but an ongoing, multi-decade lease – said the directors had requested its shareholder appoint a liquidator.
It said directors had requested its senior lenders take enforcement action, and appoint another provider Verofi, to ensure power service for customers was not interrupted.
“The directors have advised company employees that due to unsustainable operating losses, and liquidity constraints, the business is unable to continue trading in its current…
