A number of major bidders including Australian merchant Macquarie and semi-state Bord na Mona are running the rule over Mayo Renewable Power, an insolvent renewable firm currently under court protection.
Viridian, the power utility recently purchased by iSquared and AMP Capital, the infrastructure investment house, are also among those interested in the business, which went into examinership in recent weeks.
The process remains at an early stage and no bids have been lodged. If the...
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