Legal

Investors could receive 100% reparation under new refund schemes, Solar 21 claims

Investors at the troubled energy company will get to vote on the $205 million scheme, which is has been upped by £30 million from the original proposal

Michael Bradley, co-founder of Solar 21. Picture: Maura Hickey

Investors will get a chance to vote on a roughly £205 million (€260 million) refund scheme related to Solar 21, the troubled Dublin-based green energy company.

Mr Justice Michael Quinn agreed today to convene two schemes of arrangement put forward by companies linked to Michael and Andrew Bradley, who are behind Solar 21.

The court heard that the company had increased the value of its original proposal by £30 million to around £205 million. This ...