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Energy company Airtricity is aiming to capture 15pc of the
Irish power market through a major widening of its product
offer.
The company, which made its name with wind power, plans to
sell both gas and electricity direct to both commercial and
domestic customers in Ireland. The company stated that it
hoped to have 500,000 connections within five years.
Airtricity was bought for €1.1bn euro earlier this year
by UK energy giant Scottish and Southern Energy (Click
Here). The UK owners now plan to use Airtricity as
a vehicle through which to build a broad based energy supply
business in Ireland.
Airtricity plans to have its first commercial gas customers
in November this year and to start selling to domestic users
in April of next year.
Company MD Kevin Greenhorn said that this was a good time
to enter the Irish market, given the changed regulatory environment
here.
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