The sale had been delayed due to the insolvency of acomponent supplier and several service providers. SAG Solarstrom thus didn’treceive an amount in the high single-digit million range from the closing ofthe German projects in November and December 2013 as expected.
The company in December had declared insolvency, at firstunder self-administration, and from March 1 on as general insolvency, afterrefinancing talks failed.
“With
