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

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 ...