NZ’s biggest solar player, BlackRock-backed SolarZero, in liquidation – The Post
NZ’s biggest solar player, BlackRock-backed SolarZero, in liquidation The Post Read the original article here
NZ’s biggest solar player, BlackRock-backed SolarZero, in liquidation – Waikato Times
NZ’s biggest solar player, BlackRock-backed SolarZero, in liquidation Waikato Times Read the original article here
Solar power company SolarZero Limited placed into liquidation
In August the Herald reported SolarZero, which was sold to US private equity giant BlackRock, said it had “pioneered a new financing model” to expand its debt funding to $195 million. Its chief financial officer James Allard said French bank Societe Generale provided $130m of the $195m, and Crown-backed NZ Green Investment Fund (NZGIF) –…
NCLAT dismisses insolvency plea against Amazon Wholesale
The company provided manpower and related services for Amazon Device Projects based on purchase orders issued between October 2022 and May 2023. Subsequently, invoices amounting to ₹3.69 crore were raised from March 2023 to May 2023, and payment approval was requested. It contended that though Amazon Wholesale confirmed that two invoices were approved but delayed due…
More than 150 dairy workers to be made redundant after Beston Global Food Company fails to find buyer
Dairy workers at South Australia’s Beston Global Food company have learnt they will lose their jobs after the company’s administrator, KPMG, was unable to find a buyer. The 159 workers and 22 dairy farmers have been in limbo since the company went into voluntary administration on September 20. Milk production will end on December 6…
Community Scoop » SolarZero Limited (in Liquidation): Important Business Update
Press Release – SolarZero SolarZeros customers will not be affected by todays announcement. Ahead of the liquidation, the senior lenders appointed Verofi as the replacement service provider to ensure energy services to customers across the country were uninterrupted. Today, Tuesday 26 November, 2024 the directors of SolarZero Limited (in liquidation) have requested its senior lenders…
Pioneering company SolarZero put into liquidation – BusinessDesk
Pioneering company SolarZero put into liquidation BusinessDesk Read the original article here
Finance Ministry to Tap Banks to Help Pemex Pay Debt with Suppliers
Mexico’s finance ministry is preparing to enlist a consortium of banks to provide financing that Petroleos Mexicanos would use to pay off debt with service providers, according to a recording of remarks made by its CEO. The state-owned oil company is coordinating with the finance ministry, which would potentially take on debt on its behalf…
What’s next for Northvolt after Chapter 11 bankruptcy? – Sifted
What’s next for Northvolt after Chapter 11 bankruptcy? Sifted Read the original article here
Byju’s Faces New Probe Over Financial, Accounting Practices – BNN Bloomberg
(Bloomberg) — India has started an investigation into financing and accounting practices at Byju’s, according to people with knowledge of the matter, after a previous inspection found corporate governance lapses at the struggling online tutoring firm. The federal government has asked the regional office of the Registrar of Companies in Hyderabad to investigate Byju’s books…