The renewable energy firm has been delayed repaying around 3,000 Irish investors
A renewable energy firm which owes investors more than €250 million has been likened to “a Ponzi scheme”, the High Court has heard.
The allegation emerged in a case concerning approval for a scheme of arrangement being sought by Solar 21, which has been delayed repaying around 3,000 Irish investors in its first energy-from-waste plant. By issuing loan notes, an unregulated product, Solar raised nearly £210 million for this project, which investors ...
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.
Solar 21: High Court hears €250m energy firm is ‘a Ponzi scheme’The renewable energy firm has been delayed repaying around 3,000 Irish investors
Read more »
Solar 21 agrees to provide more information to backers and brokersThe renewable energy firm has been delayed repaying around 3,000 Irish investors
Read more »
Solar 21 proceedings adjourned to enable provision of further information to concerned investorsLawyers for various cohorts of investors and brokers wanted the court to adjourn the High Court hearing on account of an alleged deficiency in information provided to creditors via IrishTimesBiz
Read more »
Solar 21 agrees to provide more information to backers and brokersThe renewable energy firm has been delayed repaying around 3,000 Irish investors
Read more »
The Irish fashion designers you should be watchingThe five Irish fashion designers you should be watching. 2023 is full of talent from Irish Fashion designers, here are our favourites
Read more »
Revenue at Procter & Gamble’s Irish arm falls after manufacturing exitRevenue at Procter & Gamble’s Irish arm falls after manufacturing exit via IrishTimesBiz
Read more »