I Squared Capital to buy Viridian for reported €1 billion
The US equity firm expects to complete the transaction in the second quarter
US private equity firm, I Squared Capital, has agreed to buy Belfast-based energy group Viridian in an all-cash deal, reported to be worth around €1 billion.
Viridian, which was bought by Bahrain-based Arcapita in 2006, is a leading independent energy provider in the Irish market, providing around 20 per cent of domestic energy supply across Ireland. It operates through two main brands, Energia in the Republic and Power NI in Northern Ireland. I Squared is...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Anton Savage: Michael D can point the way forward on the North
A recent trip over the border was a revelatory reminder of the changes that the passing decades have brought
Willie O’Reilly: Board appointment put Bass in difficult position
Surely, by now, politicians should be aware of conflicts of interest when making appointments to state boards
Biden administration continues hardline approach to asylum seekers
The harsh treatment and deportation of Haitians seeking to cross the border from Mexico into Texas has caused concern and disquiet among Americans
Ian Guider: Return of redundancy payments will give clarity on zombie companies
This is an important move not only for restoring workers’ rights but also for what it may show about the scale of long-term damage to businesses and employment caused by the pandemic