Companies
Renewables firm Solar 21 moves to reassure loan note investors
Co-founder of Dublin-based company responded to concerns over extended delays in repayments, saying ‘positive progress’ was being made
The co-founder of a renewable energy developer has apologised to investors for ongoing delays in loan note repayments.
In a video message issued last week, Michael Bradley, who started Solar 21 with Andrew Bradley, his brother, said “positive progress” was being made, but the business was still dealing with challenges that were affecting its ability to secure suitable refinancing to meet the repayments becoming due this year.
As reported by the Business Post last week, ...