Ailing Theolia buys lifeline with restructuring deal

Debt-plagued French wind developer Theolia has struck a restructuring deal with its creditors and unveiled plans to raise €100m ($144m) in capital, allowing it to escape bankruptcy for the time being.

Ailing Theolia buys lifeline with restructuring deal
Published 29 December 2009, 21:48Updated 26 September 2016, 14:51
Middle East & Africa