2021 EIIS Private Placing in IQ Solar Now Accepting Bookings

We are delighted to launch our 2021 EIIS Fundraising Project – the IQ Solar Limited (“IQSL”) EIIS Private Placing investment opportunity offering eligible investors up to 40% tax relief and a maximum return of €1.05 per €1 invested.

No High-Income Earners Restriction means tax relief can be claimed on the maximum allowed investment – €250,000 – in the year of investment.

Following significant demand for EIIS projects in 2020 we expect this to be over subscribed and encourage early booking.


€4,200,000 EIIS fundraise to develop a 5.2 MW solar photovoltaic farm to be installed in a 10.1 hectare site on Crocane Farm, Aghada, Cloyne, Co Cork.

Adjacent to the existing 1.7 MW wind farm currently owned and operated by solar farm Promoter Michael Quirk and his wife Rosemary Quirk.

Circa 11,648 solar photovoltaic modules each rated at 450 W and mounted on rows of 4.5 metre panels.

The solar farm is expected to produce over 5,000 MWh of green renewable electricity per year, exporting it to the local grid network via a 3.6MW export connection to the 20 kV network.

Click here to download the summary flyer.


Investment term5 yearsTax relief availableUp to 40%
Maximum investment€250,000Minimum investment€5,000
Proposed exit 2027Project5.2 MW Solar PV Farm Cork
Projected net cash flow€20,750Projected buyout price€1.05 per €1 invested
Based on a €50,000 investmentCapped on exit
Closing date3rd December 2021EIIS certification rules:IQSL will self-certify the
 investors’ tax relief & provide Statements of Qualification
Early booking encouraged as private placing will close once fully subscribed which may be before official closing date


To discuss the project, book a slot or request the Investment Memorandum please contact:


Associate Tax Director