Mary Quaney, CEO of Mainstream Renewable Power
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
7 December 2023
An ambitious pipeline of CCS projects through 2030 shows optimism for the sector
6 December 2023
Talks focus on two key provisions to Paris Agreement rules allowing international trade in emission reductions
4 December 2023
Oil and gas companies look to defy cynics and play pivotal role in decarbonisation as the UAE hosts COP28
4 December 2023
CCUS is under the spotlight at COP28 in Dubai as policymakers increasingly look to tap its potential to tackle hard-to-abate emissions
