Thames Water owner to liquidate solar energy subsidiary amid debt crisis

Thames Water owner to liquidate solar energy subsidiary amid debt crisis

Thames Water, Solar power, Business, Energy, Renewable energy, London, Water industry, UK news, Utilities Business | The Guardian

​Exclusive: solar developer Trinzic to voluntarily shut down as holding company seeks to recoup more than £25mA solar energy project developer linked to Thames Water is to be liquidated and its staff made redundant as the crisis engulfing the debt-laden water supplier puts strain on its complex corporate structure.Trinzic Operations Ltd, which is ultimately owned by Thames’s parent company Kemble Water Holdings, is to be voluntarily shut down, the Guardian can reveal. Continue reading… 

Exclusive: solar developer Trinzic to voluntarily shut down as holding company seeks to recoup more than £25m

A solar energy project developer linked to Thames Water is to be liquidated and its staff made redundant as the crisis engulfing the debt-laden water supplier puts strain on its complex corporate structure.

Trinzic Operations Ltd, which is ultimately owned by Thames’s parent company Kemble Water Holdings, is to be voluntarily shut down, the Guardian can reveal.

Continue reading… 

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