The receiver appointed Thursday to try and sell the DSME Trenton wind tower plant says potential buyers are coming forward now that the business has failed.

A Nova Scotia Supreme Court justice issued an order Thursday approving PricewaterhouseCoopers (PwC) as the receiver to sell the assets of the plant, which has received $56 million in loans and grants from the Nova Scotia government since 2010.

The Korean-owned plant went under last month after the provincial government called a $32-million loan.

The company tried for a year to find a buyer with no success. Now potential buyers are coming forward, the receiver says.

"There was a detailed sales process done by the company over the last year. They identified a number of parties. Some of those parties have expressed interest again given the current scenario of the company," David Boyd of PwC said outside a Halifax court.

"I don't know of one single buyer, but there are multiple parties that have expressed an interest."

$56M in provincial loans, grants

The federal government is still owed $5.6 million from loans given by the Atlantic Canada Opportunities Agency.

Last month DSME Trenton's Korean parent company, shipping giant Daewoo Shipbuilding and Marine Engineering Ltd., announced it was ceasing operations at the Pictou County facility after failing to generate sales outside of Nova Scotia.

The Nova Scotia government gave DSME Trenton $19.6 million for a 49 per cent stake in the company in 2010. (CBC)

That decision triggered a demand and default on its N.S. government loans and the province put DSME Trenton into receivership.

"Given the fact the company has announced it will not continue to operate, a secured creditor was left with no choice but to enforce its security," Maurice Chaissaon, the lawyer representing the province, said in Nova Scotia Supreme Court on Thursday.

Six to nine months to find buyer

Chaisson told Justice Peter Rosinski "it is likely we will be back before this court shortly to seek permission for the sales process."

David Boyd of PwC says it could take six to nine months to find a buyer if there is one out there.

The receiver is expected back in court before the end of the month to outline the next steps, which will include taking possession of the 40-hectare site and conducting an appraisal of the assets — an extensive list of heavy equipment.