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McPhy Energy initiates conciliation proceedings to secure industrial continuity

Facing cash flow difficulties, McPhy Energy launches a judicial conciliation and issues a call for bids for a potential asset sale before the end of June.

McPhy Energy initiates conciliation proceedings to secure industrial continuity

CountriesFrance
SectorÉnergie Hydrogène, Électrolyse
ThemeRisques & Événements, Faits Divers

French alkaline electrolyser manufacturer McPhy Energy has announced the opening of conciliation proceedings, following a decision by the President of the Commercial Court of Belfort on 10 April. This step is intended to address a critical financial situation and improve the company’s chances of securing a strategic partnership before its cash reserves are depleted by the end of June 2025. The company also confirmed the appointment of SCP Abitbol & Rousselet, represented by Maître Joanna Rousselet, to lead the conciliation process.

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Énergie Hydrogène