{"id":309123,"date":"2024-03-16T11:34:30","date_gmt":"2024-03-16T10:34:30","guid":{"rendered":"https:\/\/climatescience.press\/?p=309123"},"modified":"2024-03-16T11:34:33","modified_gmt":"2024-03-16T10:34:33","slug":"britishvolt-buyer-recharge-hit-with-winding-up-petition","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=309123","title":{"rendered":"Britishvolt buyer Recharge hit with winding up petition"},"content":{"rendered":"\n
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<\/p>\n\n\n\n

Britishvolt had hoped to build a battery plant in the North East, but collapsed into administration.<\/mark><\/em><\/strong><\/p>\n\n\n\n

The company that promised to buy collapsed UK gigafactory Britishvolt has been hit with a winding up petition as creditors chase it for unpaid wages and other monies owed.<\/p>\n\n\n\n

Recharge Industries UK,\u00a0led by Australian entrepreneur David Collard<\/a>, was issued with a winding up demand by Tom Cowling, a former board member at Britishvolt and its chief governance officer, court records show.<\/p>\n\n\n\n

The Telegraph<\/a> has the story.<\/p>\n\n\n\n

Mr Cowling spent two years at Britishvolt, leaving in August last year, according to his LinkedIn profile. He declined to comment. Details of the winding up petition were not publicly available. <\/p>\n\n\n\n

It is the latest legal action against Recharge, which promised to buy the assets of Britishvolt out of administration<\/a> and revive the project but has struggled to follow through.<\/p>\n\n\n\n

Administrators EY said in February that the prospective buyer remained \u201cin default of the business sale agreement\u201d and has yet to pay the full \u00a38.75m owed under the deal. Work on developing the site has remained in limbo.<\/p>\n\n\n\n

Two recent employment tribunal judgments, seen by The Telegraph, show Recharge was ordered to pay a total of \u00a3240,000 to two former senior employees for \u201cunlawfully\u201d failing to pay wages. In each case, Recharge failed to file a response, the judgments said.<\/p>\n\n\n\n

Among those owed money were Timon Orlob, its former chief commercial officer. He declined to comment on the judgment.<\/p>\n\n\n\n

Britishvolt had hoped to build a \u00a33.8bn battery plant in the North East, near Blyth, creating thousands of jobs. However, it collapsed into administration<\/a> last year.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Read the full story here<\/a>.<\/em><\/strong><\/p>\n\n\n\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

The company that promised to buy collapsed UK gigafactory Britishvolt has been hit with a winding up petition as creditors chase it for unpaid wages and other monies owed.<\/p>\n","protected":false},"author":121246920,"featured_media":309127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"The company that promised to buy collapsed UK gigafactory Britishvolt has been hit with a winding up petition as creditors chase it for unpaid wages and other monies owed.","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691822279,691827633,691827632],"class_list":{"0":"post-309123","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-britishvolt","9":"tag-collapsed-into-administration","10":"tag-uk-gigafactory","12":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/03\/0R-6.jpeg?fit=1024%2C512&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1ipR","jetpack-related-posts":[{"id":240354,"url":"https:\/\/climatescience.press\/?p=240354","url_meta":{"origin":309123,"position":0},"title":"Britishvolt\u2019s collapse signals\u00a0economic disaster for Britain\u2019s Net Zero\u00a0plans","author":"uwe.roland.gross","date":"18\/01\/2023","format":false,"excerpt":"This fiasco was utterly foreseeable and was indeed foreseen by us and other analysts \u2014 but not by complacent ministers and incompetent civil servants. BMW\u2019s China exodus and Britishvolt\u2019s collapse won\u2019t be the last casualties of the government\u2019s green command and control economy.\u201d","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-17-at-14.47.19-1024x896-1.webp?fit=1024%2C896&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-17-at-14.47.19-1024x896-1.webp?fit=1024%2C896&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-17-at-14.47.19-1024x896-1.webp?fit=1024%2C896&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/00Screenshot-2023-01-17-at-14.47.19-1024x896-1.webp?fit=1024%2C896&ssl=1&resize=700%2C400 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zero\u00a0industry","author":"uwe.roland.gross","date":"21\/12\/2023","format":false,"excerpt":"Eventually they might work out that you cannot create jobs by government diktat!","rel":"","context":"In \"AMTE Power\"","block_context":{"text":"AMTE Power","link":"https:\/\/climatescience.press\/?tag=amte-power"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0valmet-automotive-fabrik-plant-salo-2020-01-min.png?fit=1200%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0valmet-automotive-fabrik-plant-salo-2020-01-min.png?fit=1200%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/12\/0valmet-automotive-fabrik-plant-salo-2020-01-min.png?fit=1200%2C600&ssl=1&resize=525%2C300 1.5x, 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A general lack of enthusiasm for such a project is apparent, maybe due to weak EV sales. Where was the cash supposed to come from?","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-774.png?fit=1024%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-774.png?fit=1024%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-774.png?fit=1024%2C576&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/image-774.png?fit=1024%2C576&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/309123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=309123"}],"version-history":[{"count":6,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/309123\/revisions"}],"predecessor-version":[{"id":309131,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/309123\/revisions\/309131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/309127"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=309123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=309123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=309123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}