Viridian is the leading independent energy company in the all-Ireland market. With an annual turnover of circa €2 Billion, the Viridian Group is one of Ireland’s Top 50 Businesses.
Since 1999, Viridian has invested over €600 Million in thermal generation in the RoI and through the provision of Power Purchase Agreements (PPAs), has supported third party investments of around €600 Million in renewable generation assets throughout Ireland.
The Viridian Group comprises:
Viridian’s independent retail arm, Energia, is a leading supplier of competitive gas and conventional and renewable electricity to the business electricity markets.
Energia’s retail position in the electricity market is underpinned by Viridian’s investment in state of the art, gas fired generation plants at Huntstown, North Dublin. Huntstown, the first independent generator in the RoI, was developed in response to Ireland’s rapidly growing electricity demands. It consists of two combined cycle gas turbine stations with a total generation capacity of 747 megawatts (MW). Huntstown 1 and Huntstown 2 were commissioned in November 2002 and October 2007 respectively.
The Huntstown power plants are a cornerstone of Viridian’s power generation portfolio and are capable of meeting circa 11% of peak energy demand in the all-Ireland market.
Energia supports investments of up to €20 Million annually by third parties in renewable energy generation, facilitating the supply of circa 25% of Ireland’s total wind energy generation, a considerable contribution towards Ireland’s green energy targets.
Power NI supplies electricity to around 610,000 homes and businesses in Northern Ireland. As Northern Ireland’s premier energy retailer, Power NI aims to provide customers with great value for money and the highest standards of customer service. Committed to helping the environment, Power NI is dedicated to the development of renewable technologies and makes an extensive range of Energy Efficiency services available to households across Northern Ireland. A UK leader in ‘pay-as-you-go’ Keypad metering, approximately half of Power NI’s customers pay by this method.
With an unrivalled history and heritage of serving its customers, Power NI is proud to be Northern Ireland’s premier energy supplier.
Power NI Power Procurement Business (PPB) manages 600MW of contracted generation capacity in Northern Ireland.
Through Energia and Power NI, Viridian has a 23% share of domestic electrical sales and a 27% share of business energy sales on an all-Ireland basis.
Viridian employs 450 staff across the ROI and NI.
Innovation
Viridian was the first independent energy company to enter the deregulated market and offer competitive electricity to Irish businesses in 1999. Viridian, a forward thinking and innovative organisation, was first to market with many major initiatives including:
• First independent energy company to build two modern power plants in Ireland with no state guarantees.
• First independent energy company to offer competitive gas to Irish businesses and Ireland’s first independent dual fuel offering.
• First energy company to trade electricity using the north-south interconnector.