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Econcern core activities taken over by Eneco |
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Tuesday, 16 June 2009 |
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At the request of the administrators, the court in Utrecht pronounced the bankruptcy of Econcern N.V., Ecostream International B.V. and Evelop International B.V.
Further, the court in Utrecht on 12 June 2009 pronounced the bankruptcy
of Ecofys International B.V., Evelop Projects B.V. and Ecostream
Netherlands B.V. Immediately after their appointment, administrators
Louis Deterink and Willem Jan van Andel organized a ‘controlled
auction’ with the assistance of ING Corporate Finance. On June 15,
agreement was reached with Eneco to take over parts of Ecofys and
Evelop, and parts of activities in biomass. Both parties hope soon to
also reach an agreement to take over the activities of Ecostream. The
deal will need to be approved by the appropriate competition
authorities. The curators are continuing talks with other parties to
take over the remaining activities.
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