THE receivers of a collapsed Scottish renewable energy company have set a deadline of tomorrow for firms to register their interest in buying the business.
Proven Energy sold hundreds of defective wind turbines before it fell into receivership last week, making 55 of its 75 employees redundant in the process.
The company told owners to shut down its P35-2 model turbines amid fears of mechanical failure which experts warned could lead to blades flying off.
KPMG was appointed as receiver on Friday and has told any potential buyers to contact them by 4pm tomorrow.
The firm also said that everyone who has a flawed P35-2 turbine has a warranty with Proven, but said they would become claimants and that the successful buyer would have no obligation to honour the guarantees.
Proven, which has offices in East Kilbride and Stewarton, Ayrshire, sold 500 P35-2 model generators to customers in Scotland.
Blair Nimmo, head of restructuring for KPMG in Scotland and joint receiver of Proven, said: “We are pleased with the level of interest received in a relatively short timescale and have issued sales information to around 40 companies, with 15 of those requesting further information or site visits.”
Mr Nimmo said the short deadline for potential buyers to register their interest had been set because the company was not currently trading and so generating no income, and also because it sold to its customers through a network of distributors which depended on Proven.
He said: “With regards to the specific technical problems encountered by the P35-2 turbine, which makes up around 15% of the fleet, we are working with the company directors who are still in the process of conducting technical assessments of the product before being able to provide an accurate diagnosis.
“We can confirm that Proven Energy supplied customers with warranties for its turbines, rather than being supplied by a third party. Therefore, customers with warranties will become claimants. Any potential purchaser of the business may be willing to honour those warranties, but that will be a purely voluntary act at their discretion.”