Legal

Man who faces losing his pension claims Solar 21 ‘misused monies’

Renewable energy firm which owes Irish investors more than €250 million ‘had deliberately taken extreme measures’ to avoid investors

Michael Bradley, chief executive of Solar 21: said majority of investors and brokers want the proposed scheme to proceed

The renewable energy firm which owes Irish investors more than €250 million has been accused of a series of “investment failures” by a lawyer for a man who faces losing his pension.

Andrea Brennan, of Simmons + Simmons, is representing a client who invested over €100,000. She said Solar 21 claimed to have a track record of success when it raised money for its first energy-from-waste (EFW) plant but, she alleged, it had actually built ...