Voluntary bankruptcy of Ceramic Fuel Cells Ltd., page-13

http://www.hzwei.info/blog/2015/03/12/jetzt-ist-auch-die-cfc-gmbh-insolvent/

Now the CFC GmbH is insolvent

The BlueGen unit of CFC

After first eleven days before the Australian parent company CFC Ltd. Insolvency had applied for, has on 4 March 2015, the German subsidiary requesting Ceramic Fuel Cells GmbH, the opening of insolvency proceedings in the District Court of Aachen. The reason for this may be the lack of financial support from henceforth Australia. Andreas Ballhausen, Member of the Executive Board of CFC-based Heinberg society, but told HZwei: "For customers and partners, there are no consequences. We found the service to the existing plants fully erect. "He said it would not be the intention, which of the currently 36 employees dismissed want to.

CFC has been 560 stationary fuel cell units installed throughout Europe and now hopes for further operation to find a new partner and to restructure the CFC group.Ballhausen said: "In all the risks for CFC is also a great opportunity is to find an investor now under new conditions."

The Australian CFCL struggled in recent years with repeated problems. So had the fall of 2012, first in the original plans, fuel cell devices in Australia, Japan and North America to offer can be adjusted.Beginning of 2013, also reported on the former partners sanevo bankruptcy after a short time before their Spanish partner company Efficient Home Energy SL (EHE) had gone bankrupt. On March 1, 2015 now had the CFC Ltd. Filed for bankruptcy.