In just three years, the Norwegian state-owned electricity group has become the fastest-growing green power company in Ireland. This is the story of its expansion in Ireland - what it owns, its financial strategy, and what is coming next.
ECI Energy was spun out of an established family business on the northside of Dublin. Acutrace is a six-year-old prop-tech company tackling inefficiencies in commercial buildings. The two firms have just tied the knot.
Galway company Xerotech is quietly planning to supply batteries to the vehicles nobody is talking about: the tractors, the excavators, the road sweepers. Its founder Barry Flannery talks about raising funds to tackle a €100bn market.
Following its IPO in London last at the start of the year, eEnergy plans acquisitions to expand beyond lighting into the growing sector of energy efficiency as a service – taking costly green equipment off customers’ balance sheets.
Financiers and lawyers starved of mergers and acquisitions by Brexit uncertainty are now eyeing up the upcoming sale of a large utility.
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