Company’s Dublin workforce has fallen to 20 from 105 since late 2023 amid cost-cutting drive
Pictured is Mary Quaney, Group Chief Executive of Mainstream Renewable Power which is announcing the creation of 100 new Irish jobs to support its global and local growth plans.
Ms Quaney will be succeeded by Morten Henriksen, currently CEO of Norwegian state-owned carbon capture and storage company Gassnova, at the start of April, Mainstream said in a statement on Thursday. Mainstream won contracts in Chile in 2016 to develop 1.4 gigawatts of wind and solar energy projects – the equivalent of about a quarter of peak Irish electricity demand. However, a series of problems affecting the Chilean electricity market has resulted in financial losses for a number of renewable-energy companies in recent times.
However, she said that Mainstream is “continually reviewing” its options for the Andes portfolio. The company is currently focusing on “optimising the performance of the operating assets” and developing pipeline projects in the South American country.
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