Tidal energy project and technology developer Mako Tidal Turbines has filed for bankruptcy in Australia as it failed to record any generated income to date.Illustration/MAKO tidal turbine (Courtesy of MAKO Tidal Turbines/Archive)
The Sydney-based company has appointed Adam Preiner as an administrator to handle the process on 17 September, 2020, according to Integra Restructuring & Insolvency, a chartered accountant firm that specialises in corporate insolvency.
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