Downer EDI sees $45M profit hit from Senvion administration

DOWNER EDI expects to record a A$45 million loss to its profits after its joint venture partner Senvion entered into voluntary administration earlier this year.

Downer EDI sees $45M profit hit from Senvion administration Downer EDI sees $45M profit hit from Senvion administration Downer EDI sees $45M profit hit from Senvion administration Downer EDI sees $45M profit hit from Senvion administration Downer EDI sees $45M profit hit from Senvion administration

 

Downer was left liable for the massive 429 megawatt Murra Warra wind farm it was developing with Senvion after its Germany-based partner went into administration on April 9 under the weight of