The Official Receiver of the insolvent Polish manufacturer of offshore wind foundations, ST3 Offshore, is putting the company up for sale once again. This is most likely the last time buyers are invited to take over ST3 Offshore as a complete entity, following several earlier attempts to sell the company over the past few years.
The company’s Official Receiver has launched the sixth tender to sell ST3 Offshore. If there are no bids this time, approval will be requested from the relevant court to sell the company’s individual components to raise funds that would cover obligations to creditors.