Mainstream Renewable Power Raises EUR 90 million to Accelerate New Market Entries and Build-Out of Gigawatt-Scale Renewable Assets
Mainstream Renewable Power has raised EUR 90 million in additional equity funding to accelerate new market entries and the build-out of gigawatt-scale wind and solar assets across Latin America, Africa and the Asia Pacific region.The capital increase raised EUR 90 million from Mainstream’s current shareholder base, including Aker Horizons, which maintained its 75 percent stake in the company. Demand from Mainstream’s Irish investor base was strong, resulting in an oversubscribed transaction.
“Today’s announcement of an additional EUR 90 million of funding means that Mainstream can