Irish power firm Viridian, which trades as Energia, could be put up for sale by its US private equity owner in what would be the company's second change of ownership in as many years. Irish power firm Viridian, which trades as Energia, could be put up for sale by its US private equity owner in what would be the company's second change of ownership in as many years. The ISEM is the new wholesale electricity market arrangement for Ireland and Northern Ireland. The new market arrangements are designed to integrate the all-island electricity market with European electricity markets, enabling the free flow of energy across borders. One of Viridian's Dublin power plants was awarded a capacity contract under the ISEM, but another of the Huntstown plants was not.

Source: Irish Independent September 08, 2018 01:30 UTC