Saturday May 30, 2020

Fracked gas exporter will ‘create own demand’ by developing power-hungry data centres

Wesley Edens chief executive of New Fortress Energy, made the comments about the Shannon LNG project it bought last year as he announced plans to build data centres and a gas power plant on site

Daniel Murray

Business Reporter

@danieltmurray
1st September, 2019
Wesley Edens chief executive of New Fortress Energy

The billionaire head of US fracked gas exporter has described its planned development of energy-hungry data centres in Ireland as effectively “negotiating with ourselves” and “creating our own demand”.

Wesley Edens chief executive of New Fortress Energy, made the comments about the Shannon LNG project it bought last year as he announced plans to build data centres and a gas power plant on site.

If successful, the plan would see New...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 3 weeks ago

What’s coming up today and what you might have missed

Hannah O’Brien | 5 months ago