shimself
Member of DD Central
Posts: 2,560 
Likes: 1,169
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Post by shimself on Nov 10, 2016 17:12:22 GMT
Just got an email to say the borrower for RM S****** wind turbine has gone into administration. Given that the turbine should have been in operation for some months now it's not easy to see what has gone wrong (obv maybe they didn't get it finished in which case FK need a robust FKing for not knowing). They are connected with Mosspower who went bust ages ago.
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Post by tybalt on Dec 26, 2016 8:41:24 GMT
There are two Turbine Loans in default on another forum where the operators have parked them, and hence have no FIT to pay the lenders, stating Health & Safety concerns as their maintenance provider who we were assured was not connected to M********* has gone into administration.
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Post by captainconfident on Feb 11, 2017 11:10:08 GMT
Synopsis of the liquidator's report published. Can anyone help me square that with the original RICS valuation?
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