Warrington Council has said rumours about losing £52 million as a result of its investment in the firm are inaccurate

FRP Advisory will run the administration of Together Energy

Warrington Borough Council has been urged to review its investment strategy

Reports claim that the company could go under even this week

Andy Carter questioned Warrington Borough Council’s move to invest £52 million in a company that is reportedly struggling to find new investors

Together Energy could reportedly run out of funding by the end of January

Together Energy is reportedly in talks with professional services firm to raise additional capital

The project supports Warrington’s efforts to become Britain’s first carbon neutral town

The plant, which comprises of a 35MW solar farm and a 27MWh battery storage facility, is located in York

The 34.7MW solar facility in York uses technologies such as bifacial panels and trackers to increase solar generation by 20%