'You still owe us £64m,' says Glasgow waste client

摘要

The parent company of the client that booted Interserve off an energy-from-waste scheme in Glasgow more than two years ago has repeated its claim that the firm owes it more than £60m. Interserve went into administration on Friday after shareholders voted not to back its deleveraging plan which would have seen lenders take control of 95% of the company with the remaining 5% held by shareholders. In a statement, Viridor's parent, listed water utility Pennon, said: "We note Interserve's announcement that the resolution regarding its deleveraging plan was not passed [...] We will continue to pursue recovery of the amount due and will take all necessary procedural steps to achieve that."