Electrawinds, the prolific Belgian renewables developer, anda member of the Otary offshore wind consortium, last week issued a statementsaying that if a deal could not be reached to increase its near-term liquidity, thecompany would file for insolvency on 2 December.
Late last night, however, Electrawinds’ board said that itwould hold off on pulling the plug while it evaluated several proposals onthe table that might save the company, or parts of it.
The
