Prokon, a German financier, developer and operator of wind parks which financed itself via retail investors, has filed for insolvency, it announced on its website on Thursday. "Prokon Regenerative ...

BERLIN (AP) -- Prokon, a German wind-energy financing company that attracted investors with promises of high returns, says it has filed for insolvency. The company said it made the filing Wednesday at ...

The move comes as only some 40,000 out of 75,000 of the company's investors had adhered to a call by Prokon not to sell securities in the company to avert an insolvency. The court has named Mr. Dr.

North German wind park developer Prokon went bankrupt in January 2014. Now, in a gesture of commitment to a green energy future, its investors have voted to retain ownership by turning it into a ...

As part of the Federal Network Agency's innovation tender, the Hamburg-based battery marketer, suena energy, and Europe's largest energy cooperative, Prokon Regenerative Energien eG (Prokon), are ...

A majority of shareholders of the insolvent German wind farm operator Prokon have voted in favor of restructuring efforts that could see creditors recoup at least some of their original investment.

Prokon Regenerative Energien GmbH, a German clean-power developer, collected 1.4 billion euros ($1.9 billion) from investors seeking to profit from the booming wind industry. It may now have to file ...

“If we do not succeed – together with you, our investors – to stabilise the liquidity position very fast, we will probably be legallyobliged to start insolvency procedures due to an impending ...

FRANKFURT, Jan 22 (Reuters) - German wind park group Prokon, which had raised 1.4 billion euros ($1.9 billion) mainly from retail investors, has filed for insolvency, a court in the north German town ...

Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. A German renewable energy developer that raised nearly €1.4bn by selling “profit-participation certificates” ...