Sunday May 31, 2020

Bord na Mona and Macquarie run rule over insolvent renewable firm

Power utility Viridian also also among those interested in the business

11th September, 2016
Mayo Renewable Power Pic: RTE

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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