Mainstream books further €134m charge on Chile amid talk of sale
‘Material reduction’ in head office running expenses planned with redundancies likely
Mainstream
Mainstream secures grid link for South Korean floating wind farm
1.1GW development equates to a fifth of peak electricity demand in the Irish market
Mainstream Renewable eyes deals to ‘recycle’ capital as loss narrows
Chief executive of company founded by Eddie O’Connor seeing ‘strong opportunities’ for deals
Mainstream secures permit to assess 500MW onshore wind farm in Australia
Second major project in Australia unveiled this month as group tries to move on from Chile woes
Mainstream eyes multibillion euro Australian project as losses narrow
Dublin-based renewables firm and three partners awarded feasability licence
Insurers return to profit as claims costs fall relative to premiums earned
The best news, analysis and comment from The Irish Times business desk
Might Mainstream Renewable Power be sold?
Majority shareholder Aker Horizons has several options to consider for future ownership structure of Dublin-based renewables firm
Housing supply at risk; merit of living frugally; and IDA plans
The best news, analysis and comment from The Irish Times business desk
Mainstream cedes 10% stake in Chile portfolio to junior lender in debt restructuring
Dublin-based renewable energy group agreed the restructuring with Ares Management by converting certain loans into equity
Entrepreneur and energy supergrid promoter Eddie O’Connor dies
Former chief executive of Bord na Móna went from being Ireland’s ‘leading polluter’ to a prominent promoter of renewable energy
Housing on target, Mainstream restructuring and how the Brown Thomas owner lost control
The best news, analysis and comment from The Irish Times business desk
Mainstream cedes stake in Chile portfolio to lender
Deal forms part of wider restructuring of debt of two companies linked to key solar and wind portfolio
Mainstream’s stock market IPO off the table amid financial woes in Chile
Company founded by Eddie O’Connor has racked up more than €1bn in pretax losses since start of 2022 amid issues in Chilean business
Mainstream Renewable to cut almost third of costs after €1.1bn of losses
Company will focus on pipeline assets with the greatest potential to deliver returns in the near term
SuperNode to invest €40m in research to develop renewable transmission technology
High temperature superconducting technology will allow renewable energy transmission at a lower cost, reduced energy loss and smaller carbon footprint
Mainstream pulls out of Japanese wind project on ‘ideal’ site
Irish green energy group says it is prioritising more advanced projects in Europe and Asia
Mainstream Renewable loss widens to €630m amid Chile write-downs
Founded by Eddie O’Connor, the Dublin-based green energy group is now controlled by Norway’s Aker Horizons
‘Ireland’s wind resources are the best we see anywhere in the world’
Mainstream CEO Mary Quaney says biggest challenge to State’s green power targets is the time it takes to get projects through planning and then linked to national grid
Business Person of the Month: Mary Quaney, Mainstream Renewable Power
Company announces return to Irish market and is made preferred bidder on large Scottish wind farm project
Government must smooth planning kinks for renewables projects
Companies are sounding alarm bells about lengthy planning process across Europe
Mainstream Renewable Power to re-enter Irish market with three new projects
Dublin-based energy company will create 100 Irish jobs over next three years
Mainstream to receive €89m for minority stake in African joint venture
Dublin-based Mainstream’s stake in African wind energy venture Lekela was diluted to 15.5% in 2016 as it took in co-investors
Mainstream Renewable to merge with Norwegian sister offshore wind group
Combined group will have renewables portfolio equivalent to over five times Ireland’s peak power requirements
Mainstream Renewable Power announces €575m investment
Wind and solar energy group gets backing from Mitsui
Bumper year for mergers and acquisitions despite pandemic
BDO executive expects number of private equity firms in Ireland to grow over next two years
Chairman of power company resigns after comments about Africa
Mainstream Renewable Power, which was founded by Eddie O’Connor in 2008, announces decision
Businessman sorry for ‘insensitive’ comments about Africa
Eddie O’Connor accused of using ‘antiquated stereotypes’ during climate conference
Irish initiative to lead global climate effort ahead of COP26
Dublin Climate Dialogues event will ‘enact meaningful and binding commitments’
More co-operation between Ireland, UK vital to decarbonisation, conference hears
‘We are at the dawn of a new industrial revolution’, says Eamon Ryan
Has Eddie O’Connor underestimated the value of his €1bn baby?
‘Share price jump implies that market believes that Aker Horizons has paid well below what it thinks Mainstream is worth’
Mainstream secures $620m Chile financing ahead of group sale
Move is second phase in three-stage development contract in the country
Will backers of green evangelist Eddie O’Connor be rewarded for keeping faith?
Bids for Mainstream could see the business valued at up to €1bn
Eddie O’Connor seeks €10m for new venture
Seen & Heard: Insurer Gefion told to stop expanding, Cardinal considers new fund
Trump renews attack on Democratic congresswoman
US president calls Ilhan Omar ‘foul-mouthed’ and says her home state ‘can’t stand her’
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