(The Irish Times) – Mainstream Renewable Energy’s former chief executive, Andy Kinsella, who quit last year before the company’s €1 billion sale, has joined forces with a Texas investment company to set up a new European wind and solar energy venture.

The new business, Aer Soléir, will be headquartered in Dublin and focus on “developing, constructing, owning, and operating a multi-gigawatt (GW) portfolio of onshore wind, solar and energy storage projects throughout Europe, ” according to 547 Energy, the US company partnering with Mr Kinsella.