Eddie O’Connor’s Mainstream to be sold to Aker as part of €1bn deal

The Irish renewable energy investment firm has agreed to sell a 75 per cent equity stake to the Norwegian energy company

19th January, 2021
Eddie O’Connor’s Mainstream to be sold to Aker as part of €1bn deal
Mainstream Renewable Power was founded in 2008 by Eddie O’Connor, the former chief executive of Bord Na Mona and SSE Airtricity. Picture: Sam Boal/RollingNews.ie

Mainstream Renewable Power is to sell a majority stake in the business to Norwegian energy company Aker Horizons as part of a €1 billion equity investment deal.

The Irish renewable energy investment firm, with assets and interests across Asia, Latin America and Africa, has agreed to sell a 75 per cent equity stake to Aker Horizons, valuing the company at €1 billion.

Mainstream Renewable Power was founded in 2008 by Eddie O’Connor, the former chief executive...

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