From a straightforward business point of view, it would be highly unusual for the majority shareholder not to be the first port of call for assurances in the industry and for provision of working capital, particularly when the company was becoming cash insolvent, which led it to go into administration.EEFW Committee, Official Report, 15 December 2020, col 14
EDF Renewables also understood that the Scottish Government would provide the necessary financial guarantees, but did note that it was not aware of any examples where government guarantees had been offered in other EU countriesEDF Renewables, written evidence:
It is normal in contracts for jackets that the developer...