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solar 21
Information by Research TrustFinance
Founded in 2010, Solar 21 is an Irish company specializing in renewable energy. The company's business model involves identifying, acquiring, developing, and managing renewable energy projects, initially focusing on solar power in Italy and later expanding into biomass and biogas (anaerobic digestion) in the United Kingdom. Solar 21 raises capital for these projects by offering investment products, such as loan notes, to retail investors, primarily in Ireland, through a network of brokers. In late 2022, the company encountered significant financial difficulties and entered examinership, a form of insolvency protection under Irish law, after failing to repay investors.
Ireland
Industry
Financial