The majority owner of the Barryroe oil field off the coast of Cork staved off bankruptcy with an examinership bid last July. Now Larry Goodman plans to green the company in an investment plan before the High Court.
With a background in financial services and renewable energy, Mason Hayes & Curran managing partner Will Carmody has a wide-ranging view of the Irish economy. He talks about growing the law firm along with its clients and the opportunities ahead.
Despite record-high prices, the State’s latest renewable electricity auction has seen a decline in volumes offered by wind and solar developers. Yet the mood is upbeat for battery storage, a key part of the switch to renewables.
Portstewart man Simon Todd spent most of his career in Houston as a geologist working for oil majors. The opportunity to bring geothermal energy to Ireland has attracted him home.
The Norwegian-headquartered investment firm is backing the Irish solar-as-a-service company to expand into Europe and provides a balance between debt and equity funding.
Mainstream Renewable Power Group Lending Ltd, a company used by Mainstream to provide funding to its Chilean entities, was put into liquidation on Wednesday by its parent company.
When a fast-growing French renewable energy developer and one of Ireland’s most recognisable farmers partnered for a large-scale solar farm, local objections escalated quickly.
When it matters, changes can be made in days. Money can be found. Wheels can be turned. When the system wants to do something, it can, and it does. The pandemic mindset needs to turn towards the energy sector.
Irish-founded renewables firm Mainstream is in a $313m debt dispute with Ares Management. The legal row just stepped up a notch.
After borrowing from US-managed funds, the Irish-founded renewable energy developer announced the restructuring of its projects in Chile, triggering allegations that it is trying to evade its responsibility to its lenders. Mainstream describes the allegations as "baseless" and will fight the case.
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