Resolution Rises From Mayflower Ashes

Mayflower Resolution the unique, purpose-built offshore windfarm installation vessel which arrived in the UK shortly before Mayflower Group plc collapsed on 1 April, has been rescued from uncertainty by a management buy-out of the business and assets of Mayflower Energy Ltd . The acquisition, funded by Mizuho International plc , was completed late last month from administrators Deloitte & Touche .

A management buy-out of Mayflower Energy has acquired the newbuild wind farm installation vessel Resolution.

Mayflower Resolution the unique, purpose-built offshore windfarm installation vessel which arrived in the UK shortly before Mayflower Group plc collapsed on 1 April, has been rescued from uncertainty by a management buy-out of the business and assets of Mayflower Energy Ltd . The acquisition, funded by Mizuho International plc , was completed late last month from administrators Deloitte & Touche .