Type
Business expansion
Country
Ireland
Region
Southern and Eastern; Dublin;
Location of affected unit(s)
Dublin
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.12 - Transmission of electricity

100 jobs
Number of planned job creations
Job creation
Announcement Date
16 August 2022
Employment effect (start)
16 August 2022
Foreseen end date
31 August 2025

Description

Mainstream Renewable Power is to create 100 jobs in Dublin over the next three years. The company is opening a new headquarters in Dublin and plans to develop three offshore windfarms in Ireland. The plan will mark the company's return to the Irish market. Some 50 of the 100 jobs will be created within the next year. The new roles will be in engineering, information solutions, finance, insurance, corporate affairs, corporate governance and project management.

The executive director at the State agency IDA Ireland said that the 'jobs announcement is great news for Ireland and those that wish to play a role in supporting Ireland’s transition to a low-carbon economy'.

Mainstream Renewable Power employs 650 worldwide, which have doubled since January 2021.


Sources

Citation

Eurofound (2022), Mainstream Renewable Power , Business expansion in Ireland, factsheet number 107271, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107271.