Three months after German wind park group Prokon filed for bankruptcy, a district court has announced the official start of insolvency proceedings. Investors are still hoping to get at least some of ...

German politicians are vowing tougher laws to protect investors following the collapse of a wind farm company that exposed investors to potential losses of €1.4 billion ($1.9 billion). Chancellor ...

A majority of shareholders of the insolvent German wind farm operator Prokon have voted in favor of restructuring efforts that could see creditors recoup at least some of their original investment.

Prokon Regenerative Energien GmbH, a German clean-power developer, collected 1.4 billion euros ($1.9 billion) from investors seeking to profit from the booming wind industry. It may now have to file ...

Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. A German renewable energy developer that raised nearly €1.4bn by selling “profit-participation certificates” ...

GE Vernova Inc. (NYSE: GEV) has signed a deal with German cooperative Prokon Regenerative Energien eG to repower a wind farm in Fleetmark, Saxony-Anhalt, with eight of its 6MW-164m onshore turbines ...