Saturday October 31, 2020

Hedgecroft sues energy firm over fees in €60m funding round deal

A corporate finance firm is suing Eddie O’Connor’s Mainstream Renewable Power over millions it claims it is due over a €60 million fundraising exercise,The Sunday Business Post understands.

15th April, 2015

The wind and solar energy firm closed a new funding round from wealthy Cantor Fitzgerald clients and institutions, and BlueBay Ireland Corporate Credit, the national pension fund-backed investor.

The case is being taken by Hedgecroft, trading as Beary Capital Partners, and was lodged with the High Court last week.

Hedgecroft, which is run by former Dolmen corporate finance head Kevin Beary, will claim that it is due a percentage in fees on the deal as...

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