Just a week after submitting a permit for a new facility in Sweden, Liquid Wind has filed for bankruptcy.
Operating since 2017, the company was instrumental in multiple e-methanol projects, but this week it seems those projects could be thrown into disarray.
There is some local hope that the projects themselves could be rescued or taken over by new partners through the bankruptcy process.
Montel reported that Övik Energi - one of the EFÖvik project partners - received the news last week, according to infrastructure manager, Jens Indevall. According to Montel, Övik Energi said they will not be financially affected by Liquid Wind’s bankruptcy.
Liquid Wind declares bankruptcy
