THE solar energy fund set up by Cork-based Quintas Wealth Management has raised more than its €40 million target from 300 Irish investors to fund projects in the Spanish energy sector.

A wealth management firm, based in Cork, is involved in a €40m renewable energy project in Spain which, it is estimated, will yield investors a minimum 11% return per year.

CORK-based Quintas Wealth Management has set up a solar energy investment fund at a cost of €40 million that is set to give a minimum 11% return to its clients.