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06/09/2019

Energia Scoops £34m Deal

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Energia has scooped a £34 million deal to acquire more renewable energy.

NI Water awarded the contract to the firm which will also help address

environmental concerns. Through the contract, 43% of NI Water's electricity will come from certified renewable sources, meeting both the company and NI Assembly's target for the renewable generation of electricity.

Alistair Jinks, Director of Business Services with NI Water, commented: "This is one of NI Water's largest contracts in terms of annual revenue expenditure. We are confident the terms of the contract will provide excellent value for money for NI Water while meeting our environmental target of sourcing 40% renewable electricity generation by 2021.

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"NI Water is also ambitious to go further. A major programme is underway to; reduce the use of energy via the improved control and maintenance of assets, by self-generating more renewable energy on its sites and by buying more energy from local renewable projects, referred to as Power Purchase Agreements. This new contract with Energia is designed to enable this reduction in use as well as the uptake of more renewable generation to take place. The contract is therefore key in helping NI Water to cut the greenhouse gases it emits in using energy to produce and distribute clean water as well as to treat and dispose of waste water safely."

Daniel Horgan Head of Industrial, at Energia added: "Energia are proud to partner with NI Water to support them in meeting the needs of communities all across Northern Ireland. We have extensive experience of working with public services and recognise the pivotal role they play in supporting homes, businesses and communities. This contract is a sign of NI Water's commitment to green energy, both within their own operations and also in setting an example for other private and public bodies in promoting sustainability."

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