Our Global Development Standard
No matter where in the world, when you see a Mainstream project, you know it has been delivered to our unique Global Development Standard.
Our in-house Global Development Standard is the result of decades of experience all across the world. It is our comprehensive and continually improving process that ensures all our projects are delivered to the same high quality, even when local regulations don’t require it.
Building sustainability into development
In committing to best-in-class practices, our Global Development Standard is focused on mitigating risk and seizing opportunity. It enables us to prioritise the safety of colleagues and contractors, to build positive relationships with local communities, and to leave the lightest footprint possible on the environment. It spells out how we do things at Mainstream, and in a word that’s ‘sustainably’.
We operate in many jurisdictions so we take the best practice globally and we apply it locally, and that’s our Global Development Standard
Bart Doyle - Chief Operating Officer
Mainstream's Global Development Standard along with its industry foresight and track record in delivery makes our projects an attractive investment proposition.
Aoife McMahon - Head of CEO Office
Investors like the IFC and the Rockerfeller Brothers have a mantra to do well while doing good. It's clear that they see the opportunity to invest in emerging markets but they need a trusted partner to do it with and Mainstream is that trusted partner.
Paul Corrigan - Chief Financial Officer
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Global Standards
7
Stages in a project lifecycle
19
Key areas of renewable project delivery
€3+Bn
Project finance raise
12.7GWs
Consented across 79 projects
Building sustainability into development
In committing to best-in-class practices, our Global Development Standard is focused on mitigating risk and seizing opportunity. It enables us to prioritise the safety of colleagues and contractors, to build positive relationships with local communities, and to leave the lightest footprint possible on the environment. It spells out how we do things at Mainstream, and in a word that’s ‘sustainably’.
Aligned with these international standards:
Making a real difference
See how our Global Development Standard has made a real difference.
Read how we tailored our wind farm project in South Africa to protect local bird and bat populations.
Our Development Expertise
Standardisation of our project delivery process has created a clear work structure in which all our in-house teams contribute to the successful delivery of our projects. It’s their learnings and innovation that continually refines our Global Development Standard, creating an industry leading repository of inhouse knowledge and experience.
SHEQ
Management of safety, environmental risks and quality to ISO standards
Energy Analysis
Assessment of wind, solar and storage project capacities and performance
Project Management
Setting the standards for the development, construction and operation process including GDS, Construction Handbook and GOS
Procurement
Selection of equipment suppliers and project contractors
Commercial
Management of power purchase agreements, routes to market and project finance
Public Affairs
Engagement with stakeholders, from policy makers to local communities
Development
Country teams responsible for environmental studies and attainment of permit
Engineering
Evaluation of geographic information, and design of projects and grid connections
Construction
Management of day-to-day activities and delivery schedule through to operation
See what our people say
See how Mainstream is applying its vast experience to deliver projects to the highest standards.
Global Delivery Success
Over €3 billion in project finance raised
Managing project delivery to our Global Development Standard is our guarantee that quality has been baked in from the very start.
Our unique approach to de-risking our projects has secured us more than €3billion in project finance to date.
And it secures sustainability for the workplaces, markets, environments and communities our projects are rooted in.
Our Global Development Standard stands for the delivery of renewable energy at the highest level of quality and safety.
Track Record
- Mainstream founded by Dr. Eddie O’Connor
- Total capital raised from Barclays, retail investors and employees – €72 million
- Mainstream enters Chilean market
- Mainstream enters South Africa market
- Awarded development rights for 450 MW Neart na Gaoithe offshore wind farm
- Retail investor funding round closes with €57 million raised
- Won auction for 110 MW Shady Oaks wind farm in the US
- JV between Mainstream & Siemens Project Ventures awarded development rights for 4,000 MW offshore Hornsea Zone in the UK
- Retail investor funding round closes with €17 million raised
- Macquarie provided €40 million corporate facility
- Marubeni Corporation invested €50 million in Mainstream
- IKEA purchased the Carrickeeny (Ireland) and Old Man (Canada) wind farms from Mainstream
- First three assets in South Africa reach commercial operation; Jeffreys bay wind farm, De Aar and Droogfontein solar farms.
- Consent granted for Neart na Gaoithe (Scotland) and Hornsea (England) offshore wind farms
- Mainstream’s first Chilean asset reached commercial operation; the 33 MW Negrete Cuel wind farm
- Noupoort wind farm in South Africa (80MW) reached commerical operation
- Mainstream won 27% of the Chilean electricity auction (1,300 MW)
- Consortium of investors including Rockefeller Brothers Fund and IFC invest in Lekela Power
- Two wind farms commence commercial operation in South Africa (280 MW); Loeriesfontein and Khobab wind farms
- Mainstream signed agreement in Vietnam for the 1.4 GW Phu Cuong Soc Trang offshore wind farm
- Blackrock purchased 9 MW Knockaneden wind farm
- Taiba N’Diaye wind farm in Senegal (158MW) starts construction
- Perdekraal East and Kangnas wind farms in South Africa (250MW) start construction
- EDF Group acquired the 450 MW Neart na Gaoithe offshore wind farm in Scotland
- The Condor portfolio of projects (three wind and one solar) in Chile, starts construction (part of Andes Renovables platform)
- Increased trade finance facility up to €200 million
- The first 200 MW of the Soc Trang offshore wind farm in Vietnam is included in the government’s Power Development Plan VII
- The 630 MW Huemul portfolio, part of the Andes Renovables platform, reached financial close
- 12MW Raragh wind farm I Ireland sold to Blackrock Investment Management
- Mainstream closed $280m construction finance facility
- Aker Horizons acquires 75% of Mainstream
- Launched the 1 GW Nazca Renovables platform in Chile
- Completed planned divestment of Chilean JV Aela Energia.
- Mitsui joins as a long-term strategic investor, acquiring a 27.5% equity stake
- Mainstream and Aker Offshore Wind combine to create global frontrunner in offshore wind
- Mainstream and partner Ocean Winds win 1.8GW floating offshore wind site through ScotWind licensing round in the UK
- Mainstream sells Lekala Power, the African continent’s largest pureplay renewable energy independent power producer (IPP) with over 1 GW of fully operational wind assets
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