Mainstream Renewable Power seeks €100m to fund expansion

Irish wind and solar energy company Mainstream Renewable Power is looking to raise €100m from investors to fund its expansion in emerging markets.

The firm, headed by Airtricity founder Eddie O’Connor has appointed US investment bank PJT Partners to raise at least €100m from one or more investors through an equity sale.

The funding will be used to support its expansion in South America, Africa, and South-East Asia.