June 15th, 2009
From Green Right Now Reports
Mainstream Renewable Power, the global renewable energy company based in Dublin, today announced its first U.S. investment, purchasing a portfolio of wind farm projects in Illinois with the potential to generate 787 megawatts — enough energy to power 200,000 homes — by 2013. All of the wind projects are located within 100 miles of Chicago.
The company said it acquired the assets from local wind farm developers Bruce and Joyce Papiech of FPC Services for an undisclosed price. The portfolio comprises three separate projects at various stages of development and will require an investment of more than $1.69 billion over a four-year period to fully develop.