US EditionCapital Fund's Ailing Solar Investor Heralds Billion-Dollar Loss - InsideBusiness
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All the while the big provider of solar and property projects Obton, which has the private equity fund FSN Capital as its main shareholder, negotiates on a rescue plan with its investors, the trustee is warning that it is on the steps with a billion-dollar deficit. Obton has yet to publish its 2024 annual accounts, but in an announcement the trustee writes that preliminary figures for last financial year are expected to show a thumping pre-tax d…
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