System manufacturer and developer, Conergy, has received offers for its production subsidiaries, Mounting Systems and Conergy SolarModule as insolvency negotiations continue.
Conergy, which recently agreed to four of its sales and service units being taken over by asset management firm Kawa Capital Management, and then four more yesterday, has seven potential investors from Europe and Asia.
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An employee meeting held yesterday evening, at the Brandenburg module factory in Germany, revealed to staff the positive negotiations, and that business operations are to continue until October.
The decision is currently under negotiation as to whether employees are to leave or not on 1 October, when insolvency proceedings start. A decision will be announced on the afternoon of 30 September.
Sven-Holger Undritz, from insolvency administrator, White and Case said: “We are confident an agreement will be reached by October.”
Undritz also confirmed that the interested parties have already submitted offers and said “we are well on our way with negotiations”.
Sven Starke, managing director of Conergy SolarModule, said “I am very confident that our module production will play an important role for the solar industry in the future.” He added that customers and the interested parties making offers is “motivation to keep fighting in order to offer an attractive future perspective to our employees and the region”.
