Mark Conrad 26 February 2024

Thurrock boosted by £500m after sale

Thurrock Council has received £510m in payments following the sale of Toucan Energy Holdings – the firm that triggered a section 114 notice when it collapsed.

The Essex-based unitary unloaded Toucan’s 53 solar farms to Schoders Greencoat for around £700m, but, after meeting the company liabilities, the sale will only reduce Thurrock’s debt position by just over £500m.

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#Debt #Whitehall #Finance #Business #S114

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About Us Oxfordshire History Service is responsible for archive and local studies provision for the county of Oxfordshire. The service collects, preserves, promotes, and makes accessible the written and pictorial heritage of Oxfordshire for researchers w Oxfordshire

Recuriter: Oxfordshire County Council