The billionaire founder of Phones 4u is facing steep losses amid a row over the collapse of a green energy power plant. John Caudwell bought Western Bio-Energy, which runs the wood-fuelled plant in south Wales, with the Green Investment Bank and small investors in 2013. The site in Port Talbot was managed on their behalf by Greensphere Capital, a private equity firm backed by veteran investor Jon Moulton.

Sunday Times 30th July 2017 read more »


Published: 30 July 2017