Fintan Whelan, co-founder of global wind and solar company Mainstream Renewable Power, has announced his resignation after more than seven years with the company.
Whelan set up Mainstream in 2008 with company CEO Eddie O'Connor. Whelan remains a shareholder in Mainstream, and his responsibility for corporate finance will be taken on by Paul Corrigan.
"Fintan and I set up Mainstream in the midst of a global recession after the sale of Airtricity at the end of 2007," says O'Connor. "Fintan was very instrumental in the company's growth and success, and I wish him all the very best in his future endeavors."
"I am very proud to have played a role in setting up such a pioneering company and have very much enjoyed my time working with a great team of people around the world," comments Whelan. "However, there are other things I want to do now, and I am delighted to hand over the reins to Paul Corrigan, with whom I have worked for a number of years. I know he will lead the corporate finance function strongly in support of the company's future plans."
Prior to working in Mainstream, Whelan spent eight years as corporate finance manager for Airtricity in a similar role. In January 2008, Airtricity sold its European business to Scottish and Southern Energy and its North American business to E.on in a deal totaling some EUR 1.8 billion.