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Bankrupt council sells failed windfarm portfolio for £700m

Bankrupt Thurrock Council has sold its portfolio of 53 solar farms in a bid to recoup its crippling debts.

By Andrew Vaux | 26 January 2024

Bankrupt Thurrock Council has sold its portfolio of 53 solar farms in a bid to recoup its crippling debts.

Toucan Energy Holdings entered administration in November 2022, with Thurrock Council as the primary creditor.

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Popular articles by Andrew Vaux

  1. Tackling homelessness US-style
  2. Council leaders demand right to set tax levels
  3. Sunderland care workers in equal pay dispute
  4. Devon and Torbay devolution deal announced
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