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Norwegian renewable energy investment firm Aker Horizons has agreed a deal to take a 75% stake in global wind and solar company Mainstream Renewable Power.

Norwegian investment company Aker Horizons acquires Mainstream Renewable Power, valuing the solar and wind project developer at €1bn

Aker Horizons acquires Mainstream Renewable Power to create a renewable energy major 19 Jan 2021 Aker Horizons, has agreed to acquire 75 percent of Mainstream Renewable Power, a leading independent renewable energy company within onshore and offshore wind and solar. The Transaction values the current equity of Mainstream at EUR 900 million on a 100 percent basis and gives Aker Horizons a portfolio of projects in operation and under construction of about 1.4 GW, a project development pipeline of about 10 GW and a further 10 GW of identified project opportunities. 'Aker made a step change in t...

Norway’s Aker Horizons will acquire 75pc of Irish wind and solar company Mainstream Renewable Power.

Share this article OSLO, Norway, Jan. 19, 2021 /PRNewswire/ -- Aker ASA ("Aker") today announced that its wholly owned subsidiary, Aker Horizons AS ("Aker Horizons"), has agreed to acquire 75 percent of Mainstream Renewable Power ("Mainstream"), a leading independent renewable energy company within onshore and offshore wind and solar (the "Transaction"). The Transaction values the current equity of Mainstream at EUR 900 million on a 100 percent basis and gives Aker Horizons a portfolio of projects in operation and under construction of about 1.4 GW, a project development pipeline of about 10...