Offshore staff
The shareholders of Mainstream Renewable Power and Aker Offshore Wind have entered an agreement to combine the two companies to create a stronger renewable company with a 27-GW portfolio across solar, onshore wind and bottom-fixed and floating offshore wind projects, according to a July 12 Aker news release.
Aker Horizons entered into an agreement with Aker Mainstream Renewables, a holding company co-owned by Aker Horizons, Mitsui & Co., Ltd. and Irish minority shareholders, to integrate Aker Offshore Wind into the Mainstream group. Aker Offshore Wind is a wholly owned subsidiary of Aker Horizons. On completion of the transaction, Aker Horizons’ ownership in Mainstream will be approximately 58.6%.
Kristian Røkke, CEO of Aker Horizons and Chairman of Mainstream, said, “Accelerating the deployment of renewable energy including deepwater offshore wind is essential to reaching Net Zero in 2050. According to IEA estimates, annual additions of solar PV and wind power in excess of 1,000 gigawatts are required by 2030. Mainstream is Aker Horizons’ platform to drive the transition toward a clean energy sector, with ongoing projects on five continents.”
Tove Røskaft has been appointed Head of Offshore Wind at Mainstream.
Mainstream’s offshore business will continue to develop existing project opportunities for fixed and floating wind in markets such as Norway, Sweden, Japan, South Korea, Vietnam, Ireland, the UK and the US, while exploring opportunities in new markets.
An Extraordinary General Meeting will be held with Aker Mainstream Renewables on July 15 to approve the transaction. The transaction is expected to close in August.
07.15.2022
