Friday, July 5, 2013

Reuters: Bankruptcy News: German solar group Conergy says to file for insolvency

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Reuters: Bankruptcy News
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German solar group Conergy says to file for insolvency
Jul 5th 2013, 06:38

FRANKFURT, July 5 | Fri Jul 5, 2013 2:38am EDT

FRANKFURT, July 5 (Reuters) - Germany's Conergy said it would file for insolvency on Friday, becoming the latest casualty in the solar sector's global crisis that has already claimed many of its peers.

Conergy said it remained confident of "achieving a continuation of the whole business operations in the context of insolvency proceedings by means of an investor". (Reporting by Christoph Steitz; Editing by Victoria Bryan)

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