• By .(JavaScript must be enabled to view this email address) - 18 July 2012, 15:02
  • In News, Cell Processing, PV Modules, Finance

Q-Cells to pursue restructuring option through the insolvency court with creditor’s agreement

  •   The administrator was said to have the backing from the creditors to further pursue both restructuring and investor plans and would be maintaining the operations of the company. Q-Cells SE filed for insolvency in April, 2012.
    The administrator was said to have the backing from the creditors to further pursue both restructuring and investor plans and would be maintaining the operations of the company. Q-Cells SE filed for insolvency in April, 2012.

Financials

  • QCE
    ETR
    0.0000
    (%)

While talks continue with potential buyers of insolvent PV manufacturer, Q-Cells, Insolvency administrator Henning Schorisch will also potentially conduct a full restructuring of the company under administration. Q-Cells reported that its creditors met in Dessau-Rosslau to hear about the insolvency proceedings.

“The backing of the creditors is an important signal indicating that the company can be rescued,” Henning Schorisch emphasized today in Dessau-Rosslau. “After all, it shows the creditors' belief in Q-Cells future.”

The administrator was said to have the backing from the creditors to further pursue both restructuring and investor plans and would be maintaining the operations of the company. Q-Cells SE filed for insolvency in April, 2012.

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