Irish wind energy company secures €100m Japanese investment

Irish wind energy company secures €100m Japanese investment
Since 2008, Mainstream has a built a global pipeline of wind and solar projects

Irish wind and solar energy developer Mainstream Renewable Power has secured a €100 million equity investment from Japanese company Marubeni Corporation.

Irish wind and solar energy developer Mainstream Renewable Power has secured a €100 million equity investment from Japanese company Marubeni Corporation.

The deal will see Marubeni take a 25 per cent holding in Mainstream, subject to shareholder approval, and represents the largest single equity investment in the company’s five and a half year history, it said in a statement.

As part of the agreement Marubeni obtains the right to representation on the Mainstream Board of Directors...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

More from The Business Post