For Mainstream, it’s all about building lasting relationships with our partners and we’re fully committed to forging relationships for the long-term. Since the company formed in 2008, Mainstream has made some key defining partnerships.
Here below are some examples of companies Mainstream have formed partnerships.
Actis: In June 2013, Mainstream announced the joint venture with global pan-emerging market investor, Actis to deliver 600 megawatts of wind and solar projects into construction and operation in Chile by early 2016. ‘Aela Energia’, the joint venture company which is 40% owned by Mainstream and 60% by Actis will purchase the projects, which have been fully developed by Mainstream, at financial close. Mainstream will continue to manage the construction and support the operation of the projects on behalf of Aela.
Globeleq: Mainstream formed a consortium with Globeleq to submit bids to the South African Renewable Energy Power Procurement Programme in 2011. Since then, Mainstream and Globeleq have worked together to deliver these projects into commercial operation in mid-2014. Mainstream and Globeleq’s relationship makes them an ideal partnership to invest in renewable energy assets and to build on this joint success in South Africa.
IKEA: In line with IKEA’s fast-paced route to sustainability, the global furniture giant has bought two wind farms from Mainstream totalling 54MW. As part of the deal, Mainstream manage the construction of the projects and the day-to-day operations of both wind farms, located in Ireland and Canada. Mainstream is delighted to be partnering with corporations who want to own wind and solar plant and, it’s a very exciting and growing part of Mainstream’s global business.
Goldwind. The relationship began in December 2010 when Mainstream and Goldwind USA partnered to form a successful bid to participate in the Illinois Power Agency (IPA) competitive process. Mainstream continued to play a central role in the project through the development and construction stages to assist Goldwind in delivering the project through to commercial operation. Since then, Mainstream and Goldwind have collaborated on two further projects where Goldwind will supply the turbines for our projects in Chile. These strategic joined-up efforts for both companies means Mainstream can deliver low-cost, high quality projects and in turn it provides a route to market for Goldwind’s state of the art technology.