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Insolvency

Hydrogen Fuel Vehicle
APUS Zero Emission Enters Provisional Insolvency Amid Challenges in Green Aviation
APUS Zero Emission, a pioneer in hydrogen aircraft development, has entered provisional insolvency proceedings as it grapples with financial viability issues in…
Hydrogen Fuel Cell
Norwegian Hydrogen Fuel Cell Firm Teco 2030 Goes Bankrupt
Norwegian hydrogen fuel cell firm TECO 2030 has filed for bankruptcy, just days after its subsidiary fell into insolvency.In a short press release on December 1…
Green Hydrogen
Green Hydrogen Developer HH2E Launches M&A Process, Seeking Investors
German green hydrogen developer HH2E has opened a call for investment offers and engaged a UK assurance firm to advise on a structured merger and acquisition (M…
Green Hydrogen
Hydrogen Firm Fusion Fuel Pivots Towards LPG as Fossil Fuel Owners Take 70% Control
Green hydrogen firm Fusion Fuel has made a major shift in its strategy, which will see it effectively taken over by the owners of a fossil fuel services company…
Green Hydrogen
Fusion Fuel Faces Insolvency, Accuses Investor of Breaching $33.5m Deal
Portuguese-based hydrogen firm Fusion Fuel is filing for insolvency and suing investor Hydrogenial S.A., claiming it failed to follow through with $33.5m.Having…
Coal-Fired Power Plants
India's Jindal Power Offers 42.03 Bln Rupees for Distressed Coal-Fired Power Plant
India's Jindal Power has offered 42.03 billion rupees ($505.77 million) for a distressed coal-fired power plant, the company told the insolvency court on We…
India
Statkraft, First Mnc to Buy Bankrupt Indian Power Firm
Europe’s largest renewable energy company Statkraft is set to become the first MNC player to buy an Indian power company under the insolvency and bankrupt…
Natural Gas
Germany’s Top Buyer Of Russian Gas On The Brink Of Insolvency
Germany’s Uniper SE is just “days” away from insolvency, deputy chairman of Uniper’s supervisory board, Harold Seegatz, told Bloomberg on Friday.
Nord Stream 2
Nord Stream 2 Owner Considers Insolvency After Pipeline Halt and Sanctions
The Swiss-based company that built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, sources said, as it tries to se…