Firm was working to build facility in Lancashire but ran out of funds
An energy firm that secured a high-profile legal victory against the UK government has gone into liquidation after exhausting funds needed to construct a major underground gas storage facility in Lancashire.
Halite Energy Group, which devoted more than a decade to developing the infrastructure scheme in Preesall, has appointed turnaround specialist Donald McKinnon from accounting firm Wbg as liquidator. The collapse arrives despite the company’s directors stating in their most recent financial accounts, lodged in January 2025, that the business remained a viable going concern.
The scheme has been at the heart of…