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August 30, 2015 6:49 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Mainstream Renewable Power Limited

Company Overview

Mainstream Renewable Power Limited develops, finances, constructs, and operates renewable energy plants. The company develops onshore and offshore wind and solar projects. It serves utilities and investment companies, and others worldwide. Mainstream Renewable Power Limited was founded in 2008 and is based in Dublin, Ireland. It also has offices in Calgary, Canada; Santiago and Los Angeles, Chile; Beijing, China; London, United Kingdom; Berlin, Germany; Dublin, Ireland; Glasgow, Scotland; Cape Town and Johannesburg, South Africa; Chicago, Illinois; and Santa Monica, California.

Top Floor

Arena House

Arena Road

Sandyford, Dublin 18

Dublin,  D18 V8P6

Ireland

Founded in 2008

Phone:

353 1 290 2000

Fax:

353 1 294 2390

Key Executives for Mainstream Renewable Power Limited

Founder, Chief Executive Officer and Director
Chief Financial Officer and Company Secretary
Chief Operating Officer and Executive Director
Executive Director and Chief Executive Officer of Onshore
Managing Director of Onshore Procurement, Construction & Operations and Executive Director
Compensation as of Fiscal Year 2015.

Mainstream Renewable Power Limited Key Developments

Mainstream Renewable Power Limited's 225 MW Wind Farm in Ghana to Enter Construction in 2016

Construction can commence in 2016 of the 225 MW Ayitepa wind farm on the eastern coast of Ghana, a project owned by Mainstream Renewable Power. All environmental permits have been secured and the grid connection and power purchase agreements are being finalised. The USD 525 million (EUR 479 million) project is the country's first large-scale wind farm. When fully operational, Ayitepa will be capable of contributing 10% of Ghana's electricity demand during peak usage times, Mainstream had said previously. Thus it will help the African country overcome its power shortages.

Mainstream Renewable Is Reportedly In Talks To Sell Windfarm In The North Sea

Mainstream Renewable Power Limited is in talks to sell a windfarm in the North Sea. Mainstream Renewable is reported to be in talks to sell the 450 megawatt Neart na Gaoithe project to a joint venture between InterGen N.V. and Siemens Project Ventures GmbH.

Mainstream-Led Tie-Up Wins 250 MW of South Africa Wind Projects

Mainstream Renewable Power has won, leading a consortium, preferred bidder status for the 140-MW Kangnas and 110-MW Perdekraal East wind projects in South Africa. The company said the two wind parks would require investments of some USD 469 million (EUR 421 million). The Kangnas Wind Farm will be located in Nama Khoi, Northern Cape, while Perdekraal East will be built in Western Cape. The preferred bidder status was awarded by the Department of Energy under round IV of the South African Government's Renewable Energy Procurement Programme. The date for the project's financial close has not yet been released. Mainstream has been awarded a combined 848 MW of wind and solar projects under the government's programme since 2011. It has already completed three wind and solar parks in the country, and has 360 MW of wind farms under construction at present.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 15, 2014
Upwind International AG, 225-MW AyitepaWind Farm Project In Ghana
 

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