Redback Technologies, an Australian inverter and battery company, is trying to secure new investment after entering voluntary administration this week.
Brisbane-based Redback Technologies has entered voluntary administration and is now actively seeking new investment.
McGrathNicol Restructuring has been appointed as voluntary administrator of Redback Operations Pty. Ltd., with McGrathNicol confirming that partners Anthony Connelly, Mark Holland and Jamie Harris were appointed on March 5.
The administrators said they are working with Redback Operations’ employees, customers and suppliers while they “call for expressions of interest for the sale or recapitalisation of all or part of…
