How bird challenge boosted Irish wind power firm

Costs of offshore project have plummeted as Mainstream Renewables awaits outcome of court battle

Mainstream now has access to €1 billion of cash

The lengthy court case pitting a British bird charity against an offshore wind developer has had the unintended consequence of lifting asset values at the Irish company behind the project.

The value of subsidies won byMainstream Renewable Power in 2014 to build the £2 billion Neart na Gaoithe offshore wind farm have soared since the Royal Society for the Protection of Birds (RSPB) challenged the project in court, according to Andy Kinsella, the ...