Mainstream secures €100 million investment from Japanese trading company

Mainstream Renewable Power and Japanese Trading Company Marubeni Corporation have agreed a €100 million equity investment deal which sees Marubeni gaining a circa 25% holding in Mainstream.

 

The deal is subject to shareholder approval. As part of the agreement Marubeni obtains the right to representation on the Mainstream Board of Directors alongside Barclays which invested in the company in 2008.