Menu
16/05/2012
Airtricity Acquires Phoenix Gas
Airtricity, Northern Ireland's fastest-growing energy provider, has entered into an agreement with Phoenix Energy Holdings Limited to acquire Phoenix Supply Limited, Northern Ireland's market leading gas supplier.
Phoenix Supply is the regulated supplier of natural gas to around 130,000 domestic and business customers in Greater Belfast.
Following the acquisition Airtricity, SSE's retail supply brand, will become Northern Ireland’s second largest energy supplier and a dual fuel provider of gas and electricity to over 230,000 customers.
The acquisition is subject to approval by the Irish Competition Authority and Airtricity expects to complete the purchase during the summer. Airtricity has also notified the Regulatory Authorities of its intention to acquire the Phoenix supply businesses.
Kevin Greenhorn, CEO of Airtricity and SSE’s Director of Business Supply, Contracting and International, said: "We're delighted to be entering into this agreement and see it as an exciting new chapter in SSE’s long-term sustained growth in Northern Ireland. This is a significant step forward for both Airtricity and Phoenix Supply as we seek to become the largest supplier of both electricity and natural gas in Northern Ireland. This is especially exciting as for the first time consumers in Northern Ireland, including Airtricity and Phoenix Supply customers, will be able to enjoy the benefits of dual fuel products and services."
(CD/GK)
Phoenix Supply is the regulated supplier of natural gas to around 130,000 domestic and business customers in Greater Belfast.
Following the acquisition Airtricity, SSE's retail supply brand, will become Northern Ireland’s second largest energy supplier and a dual fuel provider of gas and electricity to over 230,000 customers.
The acquisition is subject to approval by the Irish Competition Authority and Airtricity expects to complete the purchase during the summer. Airtricity has also notified the Regulatory Authorities of its intention to acquire the Phoenix supply businesses.
Kevin Greenhorn, CEO of Airtricity and SSE’s Director of Business Supply, Contracting and International, said: "We're delighted to be entering into this agreement and see it as an exciting new chapter in SSE’s long-term sustained growth in Northern Ireland. This is a significant step forward for both Airtricity and Phoenix Supply as we seek to become the largest supplier of both electricity and natural gas in Northern Ireland. This is especially exciting as for the first time consumers in Northern Ireland, including Airtricity and Phoenix Supply customers, will be able to enjoy the benefits of dual fuel products and services."
(CD/GK)
Related Northern Ireland News Stories
Click here for the latest headlines.
02 June 2023
Energy Firms Announce Price Reductions
Following a review of Northern Ireland's regulated energy prices, Power NI will lower its household electricity rate by 7.1%, while SSE Airtricity Gas Supply will lower its domestic and small business rate by 12.2%.
Energy Firms Announce Price Reductions
Following a review of Northern Ireland's regulated energy prices, Power NI will lower its household electricity rate by 7.1%, while SSE Airtricity Gas Supply will lower its domestic and small business rate by 12.2%.
03 March 2017
SSE Airtricity Announces Gas Price Rise
More than 140,000 SSE Airtricity customers are to see a 7% rise in their monthly gas bill from the end of March. The company has said that the price increase is a result of "sustained increases in global wholesale gas costs which have risen by over 50% in the last 12 months". The average household gas bill is expected to increase £36 a year.
SSE Airtricity Announces Gas Price Rise
More than 140,000 SSE Airtricity customers are to see a 7% rise in their monthly gas bill from the end of March. The company has said that the price increase is a result of "sustained increases in global wholesale gas costs which have risen by over 50% in the last 12 months". The average household gas bill is expected to increase £36 a year.
28 August 2014
SSE Airtricity To Freeze Gas Prices
SSE Airtricity has said it is to continue its price freeze for natural gas customers in Northern Ireland until April 2015. The freeze will affect both domestic and small business customers. The announcement follows a half-yearly review by SSE Airtricity and the Utility Regulator.
SSE Airtricity To Freeze Gas Prices
SSE Airtricity has said it is to continue its price freeze for natural gas customers in Northern Ireland until April 2015. The freeze will affect both domestic and small business customers. The announcement follows a half-yearly review by SSE Airtricity and the Utility Regulator.
07 February 2022
Public Procurement Changes Set To Benefit Local Supply Chains
The Department of Finances has announced a series of changes to public procurement which will bolster local supply chains, protect human rights and maximise opportunities for voluntary, community and social enterprise sectors. The changes include a new policy for voluntary, community and social enterprise organisations.
Public Procurement Changes Set To Benefit Local Supply Chains
The Department of Finances has announced a series of changes to public procurement which will bolster local supply chains, protect human rights and maximise opportunities for voluntary, community and social enterprise sectors. The changes include a new policy for voluntary, community and social enterprise organisations.
18 July 2014
Bombardier Commits To Aerospace Supply Chain
Bombardier Aerospace, Belfast and B/E Aerospace (UK) in Kilkeel, County Down, have committed to the delivery of the UK aerospace and defence industry supply chain development programme, SC21. SC21 is a supply chain excellence programme that aims to influence best practice and help increase the competitiveness of aerospace and defence companies.
Bombardier Commits To Aerospace Supply Chain
Bombardier Aerospace, Belfast and B/E Aerospace (UK) in Kilkeel, County Down, have committed to the delivery of the UK aerospace and defence industry supply chain development programme, SC21. SC21 is a supply chain excellence programme that aims to influence best practice and help increase the competitiveness of aerospace and defence companies.
-
Northern Ireland WeatherToday:Staying cold. Any freezing fog that has formed overnight will slowly thin and disperse during the morning. Otherwise dry and bright much of the day with perhaps the odd coastal shower in the north and east. Maximum temperature 4 °C.Tonight:Dry at first with cloud thickening from the south through the evening. The odd shower, wintry over high ground, over northern counties, becoming more persistent rain over Down and Antrim. Minimum temperature 0 °C.
