O’Connor wants early Mainstream IPO

Eddie O’Connor believes Mainstream Renewable Power will be ready for a stock market flotation within one to two years. Norwegian green-tech investor Aker Horizons agreed a 1bn deal last week to take control of the Dublin-based business, valuing O’Connor’s own stake at up to 550m.Aker has committed to floating the business within three years, O’Connor told the Sunday Independent.”I myself would prefer to do it in a year to two years, because we’ll be able to demonstrate that we have regular cash…

Click here to view the original article.