Viridian Group
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| Viridian Group plc | |
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| Type | Public (LSE: VRD) and (ISE:VRQA) |
|---|---|
| Founded | 1998 |
| Headquarters | Belfast, Northern Ireland |
| Industry | Energy |
| Revenue | £977 million (2006) |
| Operating income | £149 million |
| Net income | £93.5 million |
| Employees | 1,503 (2006) |
| Subsidiaries | Northern Ireland Electricity plc Energia |
| Website | www.viridiangroup.co.uk |
Viridian Group plc is a Northern Ireland-based energy business with interests in both Northern Ireland and the Republic of Ireland. Viridian owns Northern Ireland Electricity (NIE), Viridian Power & Energy, Energia, Huntstown and Powerteam.
[edit] History
Viridian was formed in 1998 as a holding company for Northern Ireland Electricity plc. NIE was a public utility which was privatised in 1993. Formerly a vertically integrated monopoly, NIE's power stations were demerged and sold prior to privatisation.
Viridian's strategy is strongly focused on Irish energy markets.
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