The Guardian understands Aviva Investors will put three incinerators into administration this week after pouring millions of pounds into what has been described as the UK's "dirtiest form of power generation".
Aviva's accounts show that the three incinerator plants - in Hull in East Yorkshire, Boston in Lincolnshire and Barry in Vale of Glamorgan - accumulated loans totalling E480m from investors between 2015 and 2023.
Aviva has written off £368m for the plants, which were originally intended to run on biomass waste wood and later converted to burn household waste, but which struggled to reach their targets.
هذه القصة مأخوذة من طبعة November 20, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 20, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Surprise' over Fujitsu's lack of help for Post Office victims
A minister has spoken of his disappointment that Fujitsu, the Japanese company behind the Horizon computer system, has not done more for those whose lives were ruined in the Post Office scandal.
Six extra weeks of heat peril this year
The climate crisis caused an additional six weeks of dangerously hot days in 2024 for the average person, supercharging the fatal impact of heatwaves around the world.
Journalists die as Israel targets their van
Five Palestinian journalists have been killed in an Israeli airstrike on their vehicle in central Gaza, their employer has said.
NHS 'at risk of paralysis while it waits for Streeting reform plan'
The NHS is at risk of paralysis while it waits for Wes Streeting's 10-year plan for reform and needs to be empowered to get on with change in the face of huge waiting times for care, a thinktank has said.
We're at risk' Guardiola fears City will miss out on Champions League
Pep Guardiola has admitted he fears Manchester City will not qualify for the Champions League.
Champions stripped of old aura, says Dyche
Sean Dyche believes Manchester City's dramatic slump has changed \"the feel\" around the Premier League champions and given their opponents more belief.
Slot wary of Van Nistelrooy after tussles back home
Arne Slot has said his experience of facing Ruud van Nistelrooy in the Netherlands, plus Liverpool's brief drop-off against Tottenham, ensures Leicester will not be underestimated at Anfield tonight.
Amorim wants proof Rashford can be a leader
Ruben Amorim says Marcus Rashford has a \"big responsibility\" to help Manchester United out of one of the club's lowest moments by performing at his best, with the manager insisting the forward wants to play.
How City went from world's best to straw men in 12 months
Guardiola seems unable to solve the most profound internal collapse of any great team in the modern age
Secret of Fulham's success: no project, just love and care
Marco Silva's side stand in contrast to Chelsea, as they thrive by giving unwanted players a second chance
