How bird challenge boosted Irish wind power firm
Costs of offshore project have plummeted as Mainstream Renewables awaits outcome of court battle
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.
“Bizarrely this has worked in our favour,” Kinsella told Bloomberg. “We have what is certainly the highest revenue stream for any offshore wind farm on the planet.”
Mainstream won the British government contract to deliver wind power for £114 a megawatt-hour....
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures