In
July
2010,
SüdWestStrom
—
a
collective
of
German
municipal
utilities
—
committed
to
buying
a
70%
equity
stake
in
the
project,
with
a
group
of
investors
backed
by
WV
Energie
to
buy
the
remainder.
SüdWestStrom
was
ready
to
pour
in
up
to
€500m
($641m),
but
it
had
two
demands,
says
managing
director
Bettina
Morlok.
The
first
was
that
the
Bard
group
would
find
surer
footing.
“It
was
clear
to
us
they
were
too
small,
and
didn’t
have
the
capital
to
survive
a
project
like
this
on
their
own,”
Morlok
says.
For
a
time,…