The Pontal-Thopen Group requested the Justice of Rio de Janeiro to open a judicial recovery with debts of R$ 4.56 billion. This movement occurred after the failure in collective negotiations with the creditors of the company. Moreover, the creditors began to execute guarantees and to retain receivables of the group. The board attributed the financial collapse to the delay in the entry into operation of their distributed generation projects. As a…
The Pontal-Thopen Group requested the Justice of Rio de Janeiro to open a judicial recovery with debts of R$ 4.56 billion. This movement occurred after the failure in collective negotiations with the creditors of the company. Moreover, the creditors began to execute guarantees and to retain receivables of the group. The board attributed the financial collapse to the delay in the entry into operation of their distributed generation projects. As a…