Germany’s Fellensiek files for insolvency
- Admin
- Sep 6, 2024
- 1 min read
German PV project developer Fellensiek Projektmanagement GmbH & Co. KG (FPM Projektmanagement) filed for bankruptcy due to liquidity problems. The Wilhelmshaven District Court appointed Christian Kaufmann as the provisional insolvency administrator. Business operations will continue with salaries secured for three months. Insolvency is due to claims from an unspecified investor. FPM Projektmanagement specializes in developing large PV systems and also sells solar systems.
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