Published on October 30, 2024 at 9:24 p.m. / Modified on October 31, 2024 at 5:52 p.m.
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PrimeEnergy Cleantech, a Basel company, has invested in photovoltaic installations in Europe for 20 years.
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To finance these investments, it issued green bonds to the general public, reassured in particular by the presence of Bertrand Piccard as ambassador.
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Very active in Geneva, the company seems on the verge of bankruptcy, which worries many investors who have invested their savings. They threaten to file a complaint.
It could be a bankruptcy costing around a hundred million which would cause hundreds of victims among the general public, particularly in French-speaking Switzerland. These small investors received a letter from PrimeEnergy Cleantech on October 18, announcing to them that the company active in photovoltaics was preparing to go bankrupt. As a result, these savers fear never seeing again the money they lent to the Basel company. Those we spoke to say they have invested between a few tens and several hundred thousand francs, some having mobilized part of their 2nd pillar.
During an information meeting for the injured organized this Wednesday evening in Geneva, Bertrand Piccard, who was the ambassador of PrimeEnergy, explained that he knew nothing about the embezzlement and proposed a solution so that the investors – of which he is one – recover their initial investment.
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