Mainstream and Aker Offshore Wind announce merger

Wind Industry Profile of

The shareholders of Mainstream Renewable Power (“Mainstream”) and Aker Offshore Wind have entered an agreement to combine the two companies to create a stronger renewable company with a 27 GW portfolio across solar, onshore wind and bottom-fixed and floating offshore wind projects.

Aker Horizons entered into an agreement with Aker Mainstream Renewables, a holding company co-owned by Aker Horizons, Mitsui & Co., Ltd. and Irish minority shareholders, to integrate Aker Offshore Wind into the Mainstream group. Aker Offshore Wind is a wholly-owned subsidiary of Aker Horizons. On completion of the transaction, Aker Horizons’ ownership in Mainstream will be approximately 58.6 percent. “The strong industrial logic for combining Aker Offshore Wind and... ... More: Official Press Release Mainstream Renewable Power

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Mainstream, Aker Offshore Wind, offshore, combine, merger, portfolio, sector, wind energy, renewables, GW