Oksbøl Heating Plant saved from bankruptcy through an accounting maneuver
At an extraordinary general meeting, a debt of 7.5 million DKK was converted into a capital contribution from the shareholders. However, not everyone was satisfied with this decision
Oksbøl Heating Plant has, at an extraordinary general meeting, decided on a change in the articles of association that saves the heating plant from bankruptcy.
Oksbøl Heating Plant is one of the heating plants that lost millions on investing in electricity prices through the Danish CHP Capacity - 7.5 million DKK to be exact.
BREAKING