Mainstream Renewable Power

Dublin, Ireland Founded: 2008 • Age: 18 yrs Acquired By Aker Horizons
Wind and solar energy plants are developed by the company.
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About Mainstream Renewable Power

Mainstream Renewable Power is a company based in Dublin (Ireland) founded in 2008 by Eddie O Connor was acquired by Aker Horizons in January 2021.. Mainstream Renewable Power has raised $758.71 million across 8 funding rounds from investors including Société Générale, Barclays and HSBC. Mainstream Renewable Power offers products and services including Offshore Wind, Onshore Wind, Solar PV, and Green Hydrogen. Mainstream Renewable Power operates in a competitive market with competitors including EDP Renewables, Lightsource BP, Acciona Energy, DP Energy and TerraForm Power, among others.

  • Headquarter Dublin, Ireland
  • Founders Eddie O Connor
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $758.71 M (USD)

    in 8 rounds

  • Latest Funding Round
    $290 M (USD), Debt – Conventional

    Sep 23, 2022

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Aker Horizons

    (Jan 19, 2021)

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Products & Services of Mainstream Renewable Power

Mainstream Renewable Power offers a comprehensive portfolio of products and services, including Offshore Wind, Onshore Wind, Solar PV, and Green Hydrogen. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Develops large-scale offshore wind farms for energy production

Builds and operates onshore wind projects for power generation

Delivers utility-scale solar photovoltaic farms quickly

Produces green hydrogen for decarbonizing hard-to-abate sectors

People of Mainstream Renewable Power
Headcount 50-200
Employee Profiles 18
Board Members and Advisors 5
Employee Profiles
People
Cameron Smith
GM, APAC & Offshore
People
Birgitte Karlsen
Head Of Legal And Compliance South Africa
People
Eduardo Karlin
Deputy General Manager, APAC
People
Tove Røskaft
Head of Offshore Wind

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Board Members and Advisors
people
Kristian Røkke
Chairman
people
Lars Peder Sørvaag Sperre
Director
people
Koichi Katayama
Director
people
Lene Landøy
Director

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Funding Insights of Mainstream Renewable Power

Mainstream Renewable Power has successfully raised a total of $758.71M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $290 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Debt – Conventional — $290.0M
  • First Round

    (11 Aug 2008)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Debt – Conventional - Mainstream Renewable Power Valuation

investors

Mar, 2022 Amount Series C - Mainstream Renewable Power Valuation Mitsui
Sep, 2020 Amount Debt – Conventional - Mainstream Renewable Power Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Mainstream Renewable Power

Mainstream Renewable Power has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Société Générale, Barclays and HSBC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts are targeted through private equity investments by the firm.
Founded Year Domain Location
Accelerator and incubator and infrastructure firms
Founded Year Domain Location
Commercial banking services are provided to individuals and corporations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Mainstream Renewable Power

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Mainstream Renewable Power

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mainstream Renewable Power Comparisons

Employees
+
Add Comparison
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Competitors of Mainstream Renewable Power

Mainstream Renewable Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EDP Renewables, Lightsource BP, Acciona Energy, DP Energy and TerraForm Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Generation of wind power
domain founded_year HQ Location
Solar energy projects are developed and operated by Lightsource BP.
domain founded_year HQ Location
Renewable energy is developed, constructed, and marketed globally.
domain founded_year HQ Location
Large-scale renewable energy projects are developed and operated globally.
domain founded_year HQ Location
Independent power producers and investors
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mainstream Renewable Power

Frequently Asked Questions about Mainstream Renewable Power

When was Mainstream Renewable Power founded?

Mainstream Renewable Power was founded in 2008.

Where is Mainstream Renewable Power located?

Mainstream Renewable Power is headquartered in Dublin, Ireland.

Who is the current CEO of Mainstream Renewable Power?

Eddie O Connor is the current CEO of Mainstream Renewable Power. They have also founded this company.

Is Mainstream Renewable Power a funded company?

Mainstream Renewable Power is a funded company, having raised a total of $758.71M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $620M, raised on Aug 11, 2008.

What does Mainstream Renewable Power do?

Mainstream Renewable Power was established in 2008 in Dublin, Ireland, by Eddie OConnor, who serves as founder and CEO. Focus is placed on the renewable energy sector, where wind and solar power plants are developed. Operations span project development and management, with activities centered in Europe and other international locations. Services include site assessment, construction oversight, and energy production facilitation for sustainable power generation.

Who are the top competitors of Mainstream Renewable Power?

Mainstream Renewable Power's top competitors include Lightsource BP, EDP Renewables and Acciona Energy.

What products or services does Mainstream Renewable Power offer?

Mainstream Renewable Power offers Offshore Wind, Onshore Wind, Solar PV, and Green Hydrogen.

Who are Mainstream Renewable Power's investors?

Mainstream Renewable Power has 15 investors. Key investors include Société Générale, Barclays, HSBC, Caixabank, and Mitsui & Co..

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