Legal

Solar 21 meeting failed to give investors answers, say brokers

Dublin-based renewable energy firm did not reveal how much return its 3,000 Irish backers can expect, or when they will be repaid

Michael Bradley, co-founder of Solar 21, apologised to investors and said he aimed to share details of Solar’s plan within weeks. Picture: Maura Huckey

A meeting which was held to provide an update for 3,000 Irish investors who placed over €250 million in a renewable energy firm has been criticised by brokers for failing to furnish answers.

Solar 21, which has been delayed in repaying its investors, hosted a virtual meeting with almost 200 brokers late last week.

The meeting was billed as one which would provide “as comprehensive an update as possible”, but it did not take any ...