GOING THROUGH THE BOOKS: Jirsch Sutherland supervisor Hayden Asper leaving Urth Energy’s Wickham offices yesterday with boxes of documents. The solar-focused power retailer has shut its doors, for the time being at least.
A WICKHAM-based power retailer, Urth Energy, has gone into voluntary administration, putting more than 20 people out of work and stranding an estimated 800 electricity customers.
Urth Energy, which billed itself as a “boutique” energy retailer focusing on solar energy systems, appointed Newcastle insolvency expert Brad Morelli, of Jirsch Sutherland, as external administrator on Wednesday.
As a result, the Australian Energy Regulator suspended the company from operating in the national electricity market on Thursday.
The…
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