Search results for: mainstream

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  • 28 February 2014
    Business & Finance

    Mainstream Renewable Power has appointed Barry Lynch to its Board of Directors. Mr. Lynch has been with Mainstream since 2008 and is responsible for the procurement, construction, project finance, equity sale and operations functions of the company’s onshore wind and solar plant globally. He has led commercial transactions for Mainstream in Canada, USA, Chile, South […]

  • 4 October 2013
    Business & Finance

    Mainstream Renewable Power today announced the closing of the €100 million equity investment by global Japanese Trading Company Marubeni Corporation. The deal, which was announced in August, has been approved by Mainstream’s shareholders and makes Marubeni the largest institutional investor in Mainstream with a significant minority stake of approximately 25%. Commenting on the closing of […]

  • 5 August 2013
    Business & Finance

    Global wind and solar developer, Mainstream Renewable Power and Japanese Trading Company Marubeni Corporation today agreed a €100 million equity investment deal which sees Marubeni gaining a circa 25% holding in Mainstream. The deal, which is subject to shareholder approval, represents the largest single equity investment in the company’s five and a half year history. […]

  • 19 December 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Mainstream Renewable Power has been awarded funding of €1.4 million by the European Commission to cover half the costs of conducting a survey of the seabed in the Irish Sea to investigate the best route for the cable which will transport electricity from wind farms in Ireland to the UK’s National Grid. The survey is […]

  • 4 October 2013
    Business & Finance

    Mainstream Renewable Power today announced the closing of the €100 million equity investment by global Japanese Trading Company Marubeni Corporation. The deal, which was announced in August, has been approved by Mainstream’s shareholders and makes Marubeni the largest institutional investor in Mainstream with a significant minority stake of approximately 25%. Commenting on the closing of […]

  • 20 May 2011

    First contract of its size in wind industry set to make significant cost reductions SMart Wind (a joint venture between Mainstream and Siemens Project Ventures) & Mainstream Renewable Power today announced the signing of a five year framework agreement with Fugro Geoconsulting Ltd. to carry out detailed Geotechnical studies at three offshore wind projects in […]

  • 20 May 2011
    Business & Finance

    First contract of its size in wind industry set to make significant cost reductions SMart Wind (a joint venture between Mainstream and Siemens Project Ventures) & Mainstream Renewable Power today announced the signing of a five year framework agreement with Fugro Geoconsulting Ltd. to carry out detailed Geotechnical studies at three offshore wind projects in […]

  • 5 August 2013
    Business & Finance

    Global wind and solar developer, Mainstream Renewable Power and Japanese Trading Company Marubeni Corporation today agreed a €100 million equity investment deal which sees Marubeni gaining a circa 25% holding in Mainstream. The deal, which is subject to shareholder approval, represents the largest single equity investment in the company’s five and a half year history. […]

  • 16 January 2012

    Global renewable energy developer, Mainstream Renewable Power, has successfully raised €40 million in loan notes in what was one of Ireland’s largest private fundraisings of 2011. The three year loan notes were raised by Dolmen Stockbrokers from Irish high-net-worth individuals and institutions. It is expected that the formal closing of this €40mln will complete in […]

  • 21 June 2011

      Leading offshore wind developer, Mainstream Renewable Power, today announced its Board level membership of the Offshore Wind Development Coalition in the U.S. The company, which is already actively developing over 7,600MW of offshore wind projects in Europe, recently expressed an interest in developing a major wind farm as part of New Jersey’s offshore wind […]

  • 4 December 2013
    Authorities & Government, Business & Finance

    Mainstream Renewable Power today confirms that its 450 megawatt offshore wind farm in Scotland has been announced by the Department of Energy and Climate Change (DECC) as one of the first projects eligible to apply for the UK’s new renewable energy support scheme. DECC has this morning published details of the renewable energy projects in […]

  • 21 June 2012

    Global wind and solar company Mainstream Renewable Power is the first developer in the industry to attain ISO27001 for its Information Security Management System. The certification recognises excellence in secure data management. By utilising 32 Microsoft technologies, Mainstream has successfully built an innovative, paperless management process in compliance with ISO27001. In 2009 the company implemented […]

  • 11 March 2014

    Mainstream Renewable Power’s founder and CEO Eddie O’Connor has been awarded the Poul la Cour award for his outstanding contribution to wind energy, at the European Wind Energy Association’s annual conference in Barcelona. The Poul la Cour prize recognises exceptional achievements in the field of wind energy and former winners include Mechtild Rothe MEP and […]

  • 19 February 2014
    Business & Finance

    Mainstream Renewable Power has appointed Marubeni and Technip Offshore Wind Limited (working in consortium) as the preferred supplier of balance of plant EPCI (Engineering, Procurement, Construction and Installation) services for the Neart na Gaoithe offshore wind farm. Mainstream also announced today that Siemens is its preferred supplier of wind turbines, which will be sited in […]

  • 21 March 2017
    Authorities & Government, Business & Finance

    An arbitration tribunal has ruled in favour of Mainstream Renewable Power in relation to the dispute over the Low Carbon Contracts Company (LCCC) terminating the Contract for Difference (CfD) for Mainstream’s 450MW Neart na Gaoithe wind farm off Scotland.

  • 28 November 2011

    Mainstream Renewable Power today announced that its Offshore Business has been independently certified by Lloyds Register for Quality Assurance (LRQA) for its integrated management system for Safety, Health, Environment and Quality. The certification verifies that Mainstream’s management system meets internationally recognised Occupational Health and Safety Assessment Standards ISO 9001, ISO 14001 and OHSAS 18001. The […]

  • 27 July 2016
    Authorities & Government, Business & Finance

    Mainstream Renewable Power has urged Scottish ministers to appeal the recent judicial review of Scottish Court of Session which has ruled in favour of the Royal Society for the Protection of Birds (RSPB) and has put a stop to four offshore wind projects off the Fife coast, including Mainstream’s 450MW Neart na Gaoithe.  In October 2014, Mainstream was granted consent […]

  • 28 July 2014
    Human Capital

    Global wind and solar company Mainstream Renewable Power hosted eleven students from the Norstec Academy at its London office as part of their one week tour of the offshore wind industry. The Norstec Academy skills programme was launched in May this year through a student competition and the winners spent one week visiting sites and […]

  • 4 May 2018
    Business & Finance, Project & Tenders

    EDF Group has bought the Neart na Gaoithe offshore wind project from Mainstream Renewable Power, following a competitive bidding process, the two companies informed on 3 May. 

  • 5 May 2014
    Research & Development, Technology

    Offshore WIND’s photo of the day: A floating LiDAR deployed on Mainstream Renewable Power’s 450MW Neart na Gaoithe offshore wind farm site.  On April 20, FLiDAR NV (a joint venture between DEME and 3E), has set up the device at Mainstream Renewable Power’s Neart na Gaoithe offshore wind farm site, almost 21km off the Fife coast. The […]

  • 22 December 2014
    Business & Finance

    Mainstream Renewable Power has successfully closed a new €60 million corporate debt facility. The four year facility was arranged through BlueBay Ireland Corporate Credit, a vehicle established by one of Europe’s leading asset managers BlueBay Asset Management, with substantial investment from the National Pensions Reserve Fund of Ireland, and through Cantor Fitzgerald Ireland from Irish […]

  • 25 February 2011
    Business & Finance

    Mainstream Renewable Power, the global renewable energy company, today announced the appointment of Sir Roy Gardner as its new Chairman. Sir Roy, who is also Chairman of the Compass Group, takes over the position from Fintan Drury following the completion of his three year term. Fintan Drury decided not to seek another term in order […]