Futurefuel Renewables II PLC (10816377): administration
- Status
- Administration ended
- Administration began
- 2022-04-08
- Administrators' firm
- ReSolve
- Incorporated
- 2017-06-13
- Location
- London
- Industry
- 35110 Production of electricity
Why it went into administration
- COVID-19
From the administrators' statement
The Company was incorporated on 13 June 2017, with the primary goal of raising funds to invest in operational renewable energy companies within the FutureFuel group. The Company raised £7.2m through the sale of bonds to mostly individuals, and we have been told that these funds were used to make loans to other FutureFuel companies. Further detail regarding this can be found later on in this document.
A summary of the group structure is provided below. All companies in the group below are registered in England and Wales. The Company is shaded in blue.
Sustainable Eco Holdings
Administrators' statement of proposals (2022-06-07) · Companies House register