Investing
Solar 21 investors now concerned by delays in loan note repayments
Dublin-based renewable energy developer, which raised €250m from Irish investors, blames Brexit and other factors for slow progress of Yorkshire project
Ongoing delays encountered by a renewable energy developer are causing “serious concerns” about the future of returns on hundreds of millions in loan finance, Irish investors and financial advisers have told the Business Post.
Dublin-based Solar 21 has been hit with delays in the repayment of loan notes 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, ...
