Energy
Periclase owners to redevelop site into net-zero business campus
Multimillion-euro joint venture between Meridiam and Gyrogy aims to attract industrial large energy users
The joint investors who recently acquired Premier Periclase, the magnesium manufacturing business located in Co Louth, plan to invest hundreds of millions of euro overhauling the industrial facility and transforming it into a net-zero industrial campus for large energy using companies.
Meridiam, a French infrastructure investor with over €20 billion in assets, and its partner Gyrogy, an Irish energy-tech company, acquired Premier Periclase last month after a turbulent period for the business when it found ...
