Energy
Bluestar raises $100m for slow-burn green energy projects
Founder Declan Flanagan says firm intends to develop solar and wind farms on greenfield sites, which will yield greater profit than ‘instant gratification’ investments
Declan Flanagan, who previously led the onshore business of Orsted, the Danish renewable energy company, has raised $100 million for Bluestar, a new investment platform.
Flanagan, who led Orsted’s €571 million acquisition of Brookfield Renewable Ireland last year, said the new firm had established an office in Dublin.
He told the Business Post Bluestar’s initial focus would be on greenfield wind and solar development projects in the US, Australia and Europe. He said the firm ...
