Mainstream signs €60m loan agreement with Macquarie

Mainstream Renewable Power signed a €60 million loan agreement with Macquarie Group as the Irish clean energy company develops offshore wind farms and makes plans to expand overseas.

10th September, 2012
Mainstream founder Eddie O'Connor.

Mainstream Renewable Power signed a €60 million loan agreement with Macquarie Group as the Irish clean energy company develops offshore wind farms and makes plans to expand overseas.

Mainstream will get €40 million of the Macquarie mezzanine debt facility initially, with the balance to be paid later subject to conditions, Mainstream said in an e-mailed statement. The Dublin-based company also received €16.8 million from unspecified individuals and plans to raise more equity, according to the...

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