Renewable energy firm hit by loan repayment setbacks begins disposal of assets
Solar 21, which owes €250 million in delayed repayments to Irish investors who provided funding for an energy-from-waste plant, is injecting cash into a company connected with the project
A Dublin-based renewable energy firm that raised €250 million from investors but has been delayed in repaying them has begun disposing of assets to inject cash into a project company.
Solar 21 has been hit with setbacks in the repayment of loan notes which are due to Irish investors who provided funding for a now delayed renewable energy project in England.
The firm, which was founded by brothers Michael and Andrew Bradley, has been developing ...