Mainstream

33 results

‘It has been a great 12 months for M&A activity.’ Photograph: Getty Images
Bumper year for mergers and acquisitions despite pandemic

It has been a very good year for mergers and acquisitions, with deal volumes hitting record highs. Much of the activity has been driven by private equ(...)

Businessman Dr Eddie O’Connor has resigned as chairman of the company he founded in 2008 after the sale of his first green energy business Airtricity. File photograph: Dara Mac Donaill/The Irish Times.
Chairman of power company resigns after comments about Africa

Dr Eddie O’Connor has resigned as chairman of Mainstream Renewable Power a week after controversial remarks regarding investment in Africa that were d(...)

Businessman Dr Eddie O’Connor has apologised for ‘insensitive’ comments he made regarding investing in Africa at a climate change event. File photograph: Dara Mac Donaill/The Irish Times.
Businessman sorry for ‘insensitive’ comments about Africa

Businessman Dr Eddie O’Connor has apologised after being criticised for using “antiquated stereotypes” in comments he made regarding perceived difficu(...)

The event will forge a declaration on how to raise global ambition at COP26 with specific recommendations to accelerate the transition to net-zero emissions. Photograph: iStock
Irish initiative to lead global climate effort ahead of COP26

Details have been announced of Irish initiative to lead an international effort “to move beyond ambition” among the world’s largest carbon pollut(...)

Minister for the Environment and Green Party leader Eamon Ryan said co-operation with the UK would be best achieved through co-operation on ‘the electrification of everything’. Photograph: Alan Betson
More co-operation between Ireland, UK vital to decarbonisation, conference hears

Enhanced co-operation with the UK will be critical to Ireland decarbonising its economy and to achieving net-zero carbon emissions, according to Minis(...)

Eddie O’Connor, founder of Mainstream Renewable Power: The Aker deal values his 55 per cent stake at up to €550 million – a return of about 17 times. Photograph: Frank Miller
Has Eddie O’Connor underestimated the value of his €1bn baby?

Kjell Inge Roekke, one of Norway’s richest men, clearly likes to hedge his bets. It emerged on Monday that the multibillionaire’s (we’re talking doll(...)

Eddie O’Connor owns 55% Mainstream Renewable Power
Mainstream secures $620m Chile financing ahead of group sale

Green energy entrepreneur Eddie O’Connor’s Mainstream Renewable Power has lined up $620 million (€517 million) of bank funding for a key project in Ch(...)

The scale of Mainstream’s development pipeline means the group has reached a stage where it needs the backing of a big balance sheet. Photograph: iStock
Will backers of green evangelist Eddie O’Connor be rewarded for keeping faith?

As timings go, the sale of the businesses of Airtricity, the wind energy firm set up in 1997 by one-time Bord na Móna boss-turned-green energy entrepr(...)

Petrol stations are losing millions of euro a year due to customers driving off without paying.
Eddie O’Connor seeks €10m for new venture

Renewable energy entrepreneur Eddie O’Connor is seeking to raise €10 million of investment for his latest venture, Supernode, which aims to develop te(...)

Supporters greet Ilhan Omar (centre) at St Paul Airport in Minneapolis on Thursday. Photograph: Jenn Ackerman/The New York Times
Trump renews attack on Democratic congresswoman

US president Donald Trump renewed his attacks on Democratic congresswoman Ihlan Omar on Friday, a day after attempting to distance himself from chants(...)

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