Image by Mainstream Renewable Power (www.mainstreamrp.com) February 15 (Renewables Now) - Ireland-based Mainstream Renewable Power said that it has energised the on-site substation that will connect its 145-MW Rio Escondido solar plant in Chile to the transmission network. The Philip Lee M&A team led by John Given and Andreas McConnell was delighted to advise Mainstream on this transaction which, subject to regulatory approval, […] Mainstream completes training … The company is focused on delivering a high-quality portfolio of more than 10.5 gigawatts of wind and solar assets across Latin … LONDON, - Norwegian renewable energy investment firm Aker Horizons has agreed to take a 75% stake in global wind and solar company Mainstream Renewable Power, in a deal valuing Mainstream at about 1 bln euros, Mainstream said on Tuesday. Mainstream Renewable Power is the world’s only independent developer of utility-scale wind and solar power assets with a global footprint. The renewable energy developer has promoted its chief financial officer as outgoing CEO Andy Kinsella moves to new pastures. The use cases for hydrogen in transport are crippled by its inherent inefficiencies: “three times as much renewable electricity is needed to power a … Create an alert to follow the executive moves at Mainstream Renewable Power. About Mainstream Renewable Power. Mary Quaney, who was Group Chief Financial Officer and Executive Director, is promoted to Chief Executive Officer (news posted on August 24 2020).. Norwegian investment company Aker Horizons has bought a 75% stake in Mainstream Renewable Power (MRP) for at least $818m (€675m). The bulk of incremental demand will be met by renewable sources because it is much cheaper than thermal power. About Mainstream Renewable Power Mainstream Renewable Power is the world's only independent developer of utility-scale wind and solar power assets with a global footprint. Reset password: Click … The EDF Group, via EDF Renewables in the United Kingdom, a joint subsidiary of EDF Energy and EDF Energies Nouvelles, has bought the Neart na Gaoithe wind farm project from global wind and solar developer Mainstream Renewable Power, following a ... May 3, 2018. January 19, 2021. Get by Email • RSS. The transaction sees Aker’s cleantech investment subsidiary Aker Horizons paying 758 million euros (USD $919 million) for a 75 percent stake in Mainstream, valuing the Dublin, Ireland-based developer… Mainstream sells 450MW offshore wind farm to EDF Group. Falck and BlueFloat Energy eye Scottish offshore wind. Norwegian investment giant Aker announced Tuesday it had taken a majority stake in Mainstream Renewable Power, the global wind and solar project developer. Other News Orsted, … by Andrew McCorkell. The company is focused on expanding its current development pipeline of ~10 GW of wind and solar assets across Latin America, Africa, Asia Pacific as well as the global offshore wind sector. The power demand in India has been growing 5-6 per cent per year. Breaking News at IrishTimes.com. Sign in . He founded Mainstream Renewable Power in 2008. Norwegian renewable energy investment firm Aker Horizons has agreed a deal to take a 75% stake in global wind and solar company Mainstream Renewable Power. The company is focused on expanding its current development pipeline of ~10 GW of wind and solar assets across Latin America, Africa, Asia Pacific as well as the global offshore wind sector. 24 August 2020. Search OGLinks News Search within Mainstream Renewable Power. Renewable electricity has been largely unaffected while demand has fallen for other uses of renewable energy.” The IEA’s modelling anticipates that despite “Despite supply chain disruptions that have paused or delayed activity in several key regions, the expansion of solar, wind and hydro power is expected to help renewable electricity generation to rise by nearly 5%.” Mainstream Renewable Power appoints new CEO. World-Renowned Keynote Speakers Announced For POWER WEEK ASIA 2021 . Mainstream Renewable Power welcomes major investment from Aker. MELBOURNE, Australia, March 5 -- The Mainstream Renewable Power issued the following news:Hundreds of people are enjoying a new lease of life from better teeth and eyesight after a visiting health team set up shop in their small, rural town in South Africa with the support of two local wind farms.The pop-up clinic screened 414 patients for dental and vision complaints during Mainstream Renewable Power is set to sell a 75% stake in the company to Aker Horizons, part of Norwegian holding company Aker ASA, with the aim of accelerating its international clean energy expansion plans, ahead of a potential IPO within the next few years. By CEP Staff • 20 January 2021 in News. The company is focused on expanding its current development pipeline of ~10 GW of wind and solar assets across Latin America , Africa , Asia Pacific as well as the global offshore wind sector. Mainstream is a leading independent renewable energy player with a global footprint and a proven track record across renewable power industries. We see demand doubling. Mainstream Renewable Power has signed an agreement with Aker Horizons, owned by Aker, which will take a 75% equity stake in the company. Irish headquartered renewable energy company, Mainstream Renewable Power, has signed an agreement with Norway-based renewable energy investment company, Aker Horizons, which will acquire a 75% equity stake in the company. 13 January 2020. About Mainstream Renewable Power Mainstream is a leading independent renewable energy player with a global footprint and a proven track record across renewable power industries. Sign in to continue. The deal values Mainstream at €1bn, including a potential earn-out of up to €100m in 2023. Mainstream Renewable Power’s 1.3 GW Andes Renovables wind and solar generation platform is currently in construction and the first phase is due to commence commercial operation later in 2021. SOURCE Mainstream Renewable Power… As part of the transaction, Aker Horizons will also acquire a 50 percent holding in SuperNode, a technology company which designs and develops superconductor cables to address the significant future need for higher capacity cables with lower power … News provided by. Quaney has served as Mainstream Renewable Power's chief financial officer since 2017 . Password. Andy Kinsella, Chief Executive Officer, has left the company (news posted on August 24 2020). Mainstream Renewable Power Sep 02, 2020, 01:28 ET. The deal values Mainstream … Stay signed in. Mainstream Renewable Power News and Updates. About Mainstream Renewable Power Mainstream Renewable Power is the world's only independent developer of utility-scale wind and solar power assets with a global footprint. Published on Jan 7, 2021. About Mainstream Renewable Power . Speaking to Business & Finance , Mr O’Connor said: “It is great to get this recognition from Business & Finance ; Aker are a wonderful partner and this deal really cements Mainstream’s position as a global leader in the renewable energy sector during this critical decade in our fight against global warming. Mainstream Renewable Power Emmet Curley, Head of Communications and Community Engagement [email protected] +353 86 2411690. The company is focused on expanding its current development pipeline of ~10 GW of wind and solar assets across Latin America , Africa , Asia Pacific as well as the global offshore wind sector. Mainstream Renewable Power has closed the second phase of a $1800m (€1500m) wind and solar financing in Chile for its 1300MW Andes Renovables platform in the country. Get up to date with the latest news and stories about the company Mainstream Renewable Power at The Irish Times. Recent executive movements at Mainstream Renewable Power. Mainstream Renewable Power News. Mainstream said the investment would help accelerate its plans to bring 5.5 gigawatts of renewable projects to financial close by 2023 ahead of a planned IPO. Italian developer Falck Renewables and members of the team behind the WindFloat Atlantic project are looking at floating offshore wind development opportunities in Scottish waters. – Mainstream to continue to operate under its existing brand, with its current CEO and management team and its founder Dr Eddie O’Connor as Chairman. Mainstream Renewable Power is the world's only independent developer of utility-scale wind and solar power assets with a global footprint. People Mainstream appoints new chief executive The board of Mainstream Renewable Power has appointed Mary Quaney as group chief executive with immediate effect. Company profile page for Mainstream Renewable Power Ltd including stock price, company news, press releases, executives, board members, and contact information DUBLIN, Jan. 19, 2021 /PRNewswire/ -- Global wind and solar company, Mainstream Renewable Power, has signed an agreement with the renewable energy investment company Aker … Trouble signing in? About Mainstream Renewable Power Mainstream is a leading independent renewable energy player with a global footprint and a proven track record across renewable power industries. Mainstream Renewable Power signs EUR1 billion equity investment deal with Aker Horizons to deliver 5.5 GW global build-out programme by 2023. The consideration includes a potential earn-out of up to €100m in 2023, subject to meeting of certain milestones. (Credit: Mainstream Renewable Power) Aker Horizons, a renewable energy investment company, has agreed to acquire a 75% stake in Mainstream Renewable Power, valuing the latter at up to €1bn. The project received the requisite site survey license earlier this year. Global wind and solar company, Mainstream Renewable Power, has signed an agreement with the renewable energy investment company Aker Horizons (a wholly owned subsidiary of Aker ASA) which will take a 75% equity stake in the company, subject to regulatory approval. Email address. Mainstream Renewable Power is the most experienced developer of utility-scale wind and solar power plants globally. Mainstream Renewable Power has signed a joint development agreement with Vietnamese company Advance Information Technologies Corporation (AIT), to co-develop a 500MW offshore wind project in Ben Tre province, Vietnam. Based in Ireland, MRP operates in Europe, Africa, and South-East Asia, describing itself as the “world’s largest pure-play renewable developer”. Personalize; Home Trending Renewables Climate M&A Contracts; Save to Newsboard Mainstream Renewable Power News. Mainstream Renewable Power News Monitoring. Le 19 janvier 2021, Aker ASA a annoncé avoir fait l’acquisition, par sa filiale d’investissement Aker Horizons, de Mainstream Renewable Power