Irish investors in €250 million energy project told they may only get 12% return

Ireland News News

Irish investors in €250 million energy project told they may only get 12% return
Ireland Latest News,Ireland Headlines
  • 📰 businessposthq
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

An update to brokers has said a higher return would be achieved if the firm is not liquidated

Irish investors who are owed more than €250 million from a renewable energy firm have been told they may face the prospect of recouping only 12 per cent of their money in the event of an immediate liquidation.

Solar 21, which has delayed repaying 3,000 investors in an energy from waste plant, issued an 8-page update to brokers this afternoon which recommends two schemes of arrangement it claims could recover up to 80 per ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

businessposthq /  🏆 8. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Irish investors in €250 million energy project told they may only get 12% returnIrish investors in €250 million energy project told they may only get 12% returnAn update to brokers has said a higher return would be achieved if the firm is not liquidated
Read more »

Irish medium education: ‘To cut that off at the age of 12 is heartbreaking’Irish medium education: ‘To cut that off at the age of 12 is heartbreaking’Parents and schoolchildren call for Irish medium secondary school to serve population of 200,000 people
Read more »

Bank holiday weekend outings: 12 last-minute ideasBank holiday weekend outings: 12 last-minute ideasFrom music festivals to May Day parades to Lá Mór na Gaeilge, there’s lots to do
Read more »

Ukraine war: 12 killed by fresh wave of Russian strikesUkraine war: 12 killed by fresh wave of Russian strikesRussia fires more than 20 cruise missiles at Kyiv and other parts of Ukraine early on Friday
Read more »

Triple lock: why only 12 Defence Forces members can be sent on evacuation missionsTriple lock: why only 12 Defence Forces members can be sent on evacuation missionsThe triple locl became the basis of a conspiracy theory that had a lot of traction with a large number of voters in the Nice Treaty referendums and, indeed, in the Lisbon Treaty referendum seven years later in 2008.
Read more »

'Underfunded' Irish Football deserves bigger slice of betting pie | Newstalk'Underfunded' Irish Football deserves bigger slice of betting pie | Newstalk“The situation that exists now is highly unusual.” A new report shows horse and greyhound racing were handed €1.5bn in funding from taxes over a 20-year period. BKNT
Read more »



Render Time: 2025-03-10 00:42:32