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RCR Tomlinson to be split up and sold after 'staggering' collapse

Jenny Wiggins
Jenny WigginsInfrastructure reporter
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Engineering group RCR Tomlinson will be sold after being put into administration because it could not afford to complete its solar farm projects, despite the company raising $100 million from investors just three months ago.

Administrators McGrathNicol will put RCR up for sale immediately, and it is expected that parts of the business will be sold off.

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    Original URL: https://www.afr.com/companies/rcr-tomlinson-files-for-administration-after-banks-refuse-to-lend-more-money-20181122-h1873g