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Jobs axed at turbine defect firm
Monday September 19th 2011
More than 50 jobs have been axed after a product fault led to wind turbine maker Proven Energy Ltd going into receivership.
Some 55 employees were made redundant immediately after the manufacturer got into financial difficulty due to a problem with its flagship turbine.
Another 20 workers at Proven Energy Ltd, which has a plant in Stewarton, Ayrshire, and an office in East Kilbride, South Lanarkshire, have been kept on to help receivers KPMG LLP get the business ready for sale.
KPMG said the company's bosses had to stop trading because of the fault with the P35-2 turbine and being unable to raise additional funds.
Proven Energy Ltd has advised customers to temporarily stop using the P35-2, but it stresses that the P7 and P11 models are unaffected.
Head of restructuring for KPMG in Scotland, Blair Nimmo said: "We are hopeful that a sale of all or parts of the business and assets can be achieved and would encourage any interested parties to contact us as soon as possible. We are working with government agencies to ensure the redundant employees obtain as much assistance as possible."
Copyright © Press Association 2011
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