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RCR shareholders won't get money back: administrators

No likelihood of any distribution

 The Haughton Solar Farm, located near Townsville in Queensland, had planning approval to extend its capacity up to 500MWac.

The Haughton Solar Farm, located near Townsville in Queensland, had planning approval to extend its capacity up to 500MWac.

  Administrators from McGrath Nicol said yesterday, "we do not believe there will be sufficient recoveries to repay creditors in full".    "On this basis we not expect there will be a return of capital...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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