Sector: Energy & Environmental
Country: Denmark
Entry: Nov 2009
Exit: Dec 2010

In 2009 EQT Expansion Capital II supplied a subordinated loan to Skykon A/S, a Danish supplier to the wind energy industry.

Due to a rapid and steep decline in the demand for wind turbines and components for wind energy installations the Skykon Board of Directors were forced to file for a suspension of payments in October 2010.

In December 2010, Skykon filed for bankruptcy.