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SE reveals Axeon loss of £800,000

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Published Date: 22 April 2009
SCOTTISH Enterprise has revealed that it had invested £814,562 in Axeon, the Dundee clean energy group which was placed in administration and sold to its largest shareholder on Monday.
A spokeswoman for SE said it was "seeking talks... to ascertain the current position". On Monday administrators Grant Thornton warned investors faced "a 100 per cent loss".

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  • Last Updated: 21 April 2009 8:36 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Scottish Enterprise
 
 

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