DP Energy interested in buying OpenHydro projects

Cork company DP Energy has engaged with the liquidators of OpenHydro about acquiring some of its international projects, one of the company’s founders said.

OpenHydro collapsed with debts of over €161 million during the summer and is in the unusual position of being in both an interim examinership and liquidation ahead of a court date for an appeal hearing scheduled for this Thursday.

“We are waiting for the examinership/liquidation situation to resolve itself ...