Title

FINANCE

Solar farms assets sale look set to benefit debt-hit council

A debt-ridden council is likely to recover a significant part of the hundreds of millions of pounds it provided to an insolvent solar farms business.

A debt-ridden council is likely to recover a significant part of the hundreds of millions of pounds it provided to an insolvent solar farms business.

Sky News has reported that accountancy firm KPMG has been hired to oversee an auction of the assets of Toucan Energy, which received more than £650m of financing from Thurrock BC.

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