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
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
