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Despite the insolvency, Green City's project business continues. (Image: Green City AG/Heiko Britz)
Munich (energate) - Insolvency proceedings have been opened against the assets of the renewable energy project developer Green City AG. On May 1, the Munich District Court appointed Axel W. Bierbach from the law firm Müller-Heydenreich Bierbach & Kollegen as insolvency administrator. "The examination of the economic situation of Green City AG with its approximately 150 domestic and foreign companies belonging to the corporate group has proven to be extremely challe ...
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