Polish manufacturer of steel foundations for offshore wind farms, ST3 Offshore which declared bankruptcy in March 2020 has been put up for sale by the Official Receiver of the company in insolvency.
A tender has been issued for the sale of ST3 Offshore with a reserve price of the company amounting to PLN 234,680,000 net (around EUR 52 million).
To participate in the tender procedure, bids (unconditional and written in Polish) should be submitted in two copies until 14:00 on 10 March. One copy should be submitted to the District Court Szczecin-Center in Szczecin, and the other to the companys Official Receiver.
A bidder also needs to submit proof of payment of a bid bond of PLN 23 million (around EUR 5.1 million) to the bank account of…
Read the full article at: https://www.offshorewind.biz/2021/02/25/st3-offshore-for-sale-after-entering-bankruptcy/