Energy group Viridian moved back into the black last year, posting an after tax profit of €7.5 million, compared to a loss of €21.9 million the previous year.

Energy group Viridian moved back into the black last year, posting an after tax profit of €7.5 million, compared to a loss of €21.9 million the previo(...)

Viridian’s  372-tonne gas turbine generator at its power plant in Huntstown,  north Dublin

The owners of Bord Gáis Energy and Airtricity are thought to be in the race to buy their rival Viridian after submitting first-round offers for the b(...)

Reports  indicated that British-based utility Centrica – owners of Bord Gáis –  is likely to bid for Viridian. Photograph: Cyril Byrne

Bord Gáis Energy’s owner Centrica is likely to be among the bidders for rival Viridian, when the deadline for first-round offers closes on Friday. V(...)

“I don’t think there was a proper debate about what a lower rate of corporation tax could mean. I believe it could be a game-changer”

Leaders of organisations that make promises to their shareholders on which they fail to deliver normally have to pay for it in one way or another. So,(...)

Viridian’s initial public offering (IPO) is expected to be launched before the end of the year with the listing likely to be in London. Photograph: Sergio Perez/Reuters

Bahrain bank Arcapita has hired JP Morgan to lead a share listing for Irish energy firm Viridian Group, in a deal that could give the firm a value, in(...)

Viridian subsidiary  Energia will launch a domestic service in the Republic offering lower electricity and natural gas prices to householders.

Energy group Viridian plans to enter the Republic’s domestic market in the autumn, raising the prospect of increased competition and lower electricity(...)

Ian Thom, chief executive of Viridian: “We will want to be competitive against the market. You have got be price competitive, otherwise you won’t get off first base.” <QA0>
photograph: paul moane/aurora pa

Irish energy group Viridian has an indirect connection with an offbeat bit of legal history. A month ago, part of its biggest shareholder, Bahrain-bas(...)