Mainstream

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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(...)

Drinagh co-op’s profit dropped to €6.1m due to an almost €6m hit to its investment income as a result of a fair value adjustment under new accounting rules
West Cork co-op sees profits fall on investment revaluation

A west Cork dairy and agribusiness co-operative recorded a fall in pre-tax profit of over 50 per cent to €6.12 million last year, but its operating pr(...)

House speaker Nancy Pelosi speaks during a news conference about healthcare legislation on Capitol Hill in Washington on Tuesday. Photograph: Sarah Silbiger/ The New York Times
Democrats move focus away from Mueller report with healthcare Bill

House Democrats introduced a new Bill on healthcare on Tuesday in a sign that the party leadership is eager to pivot away from the Mueller investigati(...)

Mainstream has 160 staff across four continents who are focused on delivering more than 7,000MW of wind and solar assets in construction and development. Photograph: Sergio Perez/Reuters
Dublin-based Mainstream Renewable in African wind farms deal

Dublin-based Mainstream Renewable Power, the emerging markets-focused green energy company, has closed a deal to finance the 6.6 billion South African(...)

Mainstream’s move to set up a grey market in its stocks comes as the group has put a full stock market flotation on the back-burner until the end of the decade. Photograph: Jasper Juinen/Bloomberg
Mainstream promises share trading by year-end after Scottish deal

Mainstream Renewable Power, the green energy group founded a decade ago by businessman Eddie O’Connor, has vowed to have a long-awaited grey market up(...)

Eddie O Connor set up Mainstream in 2008 after Airtricity, the wind energy company he founded two decades ago, was sold to Scottish & Southern Energy, now SSE. Photograph: Alan Betson
Coast is clear for Mainstream sale of Scottish wind farm project

Energy entrepreneur Eddie O’Connor’s Mainstream Renewable Power plans to sell its wind farm project off the Scottish coast, which will cost £2 billion(...)

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