Mainstream targets energy major status by 2030
New ownership positions renewables project developer for transition to long-term asset owner and operator
Ireland-based Mainstream Renewable Power plans to scale up its portfolio of assets “very quickly” as it aims to transition from project developer to global renewable energy major by the end of the decade, group CEO Mary Quaney tells Transition Economist. The growth strategy comes after Mainstream, which was formed in 2008, completed a change of ownership last year that gave Norway’s Aker Horizons a 75pc share, with Japan’s Mitsui also coming in as a strategic investor alongside Aker earlier this year. “The ambition to grow the portfolio of assets that we have today is very significant,” Quaney says. “But we have the track record to do it. And now with our shareholders, Aker Horizons and Mit

Also in this section
8 March 2025
Honouring the trailblazing women shaping the future of hydrogen
4 March 2025
Rising power demand has boosted the prospects for CCS as some more established transition technologies come under pressure
27 February 2025
Governments working at pace to create compliance and voluntary markets and carbon tax regimes, with Indonesia, Malaysia, Singapore among the frontrunners
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist