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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

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

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Futurefuel Renewables II PLC (10816377)

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