Macquarie Group Limited (ASX:MQG) (Macquarie Capital) has been hired to find an investor for SolarWorld Aktiengesellschaft (XTRA:SWVK), the company's insolvency administrator said on June 1, 2017. Insolvency administrator Horst Piepenburg said Macquarie had accepted the mandate and was already active, adding that SolarWorld's operations had stabilized, with shipments to some customers resuming. Reports out of Germany on June 1, 2017 morning said Macquarie Capital had been appointed the task of finding what PV-Tech called "a major new investor in the entire group to avoid complete closure of the company."
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