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PwC takes control of troubled clean energy start-up Koko Networks
A customer refills a Koko fuel bottle at a smart dispensing unit in a refill shop. PwC has taken over Koko Networks after the cash-strapped clean-energy startup collapsed, raising hopes of a possible rescue.
PricewaterhouseCoopers (PwC) has taken over the operations of clean energy startup Koko Networks, which has been placed under administration amid hopes of a possible revival of the cash-strapped firm.
Muniu Thoithi and George Weru of PwC were appointed joint administrators of the troubled startup on February 1, 2025, two days after Koko announced the closure of its business amid financial woes.
