Mainstream Renewable hopes to raise up to 300 million euros by first quarter - CEO



Mainstream Renewable Power, a wind and solar plant developer, hopes to raise up to 300 million euros (£27 million) by the first quarter of next year to help fund its growth in emerging markets, its chief executive said on Monday.
The Dublin-based renewables company was formed in 2008 and has nearly 10,000 megawatts (MW) of renewable energy in development and some 700 MW in construction and operation.
Earlier this year, Mainstream Renewables said it hoped to raise at least 100 million euros through an equity sale.
"We are talking to a lot of investors. We expect to raise 100 to 300... read more

 
10 October 2016 in Business, Views: 39
Source: Reuters
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