US buyout firm has plans to build a vast data centre to tap growing demand for computing power
Reprisals expected just as company from China eyes investment in Midlands battery gigafactory
Due diligence report by Grant Thornton had raised multiple “red flags” over David Collard, his businesses and his ability to raise financing
Former employee serves ‘statutory demand’ on Recharge Industries, which could lead to bankruptcy proceedings
Australian entrepreneur David Collard has left bills and staff unpaid for months
Indian group to select Somerset site to supply Jaguar Land Rover’s electric cars
David Collard bought the UK’s best hope for a homegrown battery champion out of administration
Deadline for Recharge Industries to finalise purchase of site runs into impasse with EY
Battery start-up had just ￡1.8mn and no IP when it went into administration in January
Producer of hydrogen electrolysers became London’s most shorted stock after plunge in value to $600mn from ￡3.5bn
Australian group has until end of next month to close deal to buy site of UK start-up
Recharge Industries beats three rival offers in race to buy UK start-up out of bankruptcy
Big Four consultant took over administration of failed company after being paid ￡500,000 a month as adviser
Executives from private equity group met battery start-up’s leaders on Monday
Orral Nadjari expected to table firm offer by Tuesday as administrators seek buyer
More must be done to attract investment that will be vital to energy transition, say industry insiders
Consortium of existing investors also among the five suitors still in running for collapsed UK start-up
Founder of Recharge Industries to meet UK officials this week
Start-up’s collapse deals blow to UK’s attempt to supply electric-car industry
Battery start-up’s collapse is ‘disaster’ for UK car industry, says Labour
Move hits UK plans to create homegrown battery manufacturing powerhouse
Struggling battery start-up receives ￡30mn counter-offer to DeaLab proposal
Current investors face almost total wipeout of equity if Indonesian-led offer goes ahead
International pension fund leads consortium of buyers for battery manufacturer with more than ￡150mn injection
Plans for refinery and recycling facilities come despite uncertainty over future of Britishvolt
