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Prokon Regenerative Energien transfers loan receivables from HIT to liquidating company

Rate for satisfaction of creditors put at a total of 57.8%

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Published in issue 29/2015
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Following the approval and adoption of the cooperative insolvency plan for Prokon Regenerative Energien GmbH i.I. of Itzehoe by Itzehoe district court on 2 July 2015, the combined nominal loan receivables of approximately €300m from Holzindustrie Torgau (HIT) OHG of Torgau and Prokon HIT Timber s.r.l. of Sibiu, ...

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