logo
#

Latest news with #Limerick-headquartered

SSE green lights new €300m power station in Meath
SSE green lights new €300m power station in Meath

Irish Examiner

time17-07-2025

  • Business
  • Irish Examiner

SSE green lights new €300m power station in Meath

Energy firm SSE has given the green light to plans for a €300m power station at Platin in Co Meath. Platin Power Station will respond to periods of high demand in the Leinster region, providing back-up power to increasing amounts of renewable energy on the system, and will be switched on and off as demand peaks. "Delivery of Platin Power Station represents a total capital investment of up to €300m and follows SSE's decision, in February 2025, to progress Tarbert Next Generation Power Station in Co. Kerry to construction," a statement from SSE said. SSE's site in Tarbert in Kerry is being upgraded into a next generation power station. The new station to be built in Meath will provide back-up power during peak demand. Limerick-headquartered Atlantic Projects Company (APC) has been confirmed as lead partner on the project. APC is already working on the Tarbert station in Kerry. Construction activity at Platin is expected to commence this autumn, with planned completion in 2028. The station has planning consent for up to 170MW and will be powered by Siemens Energy SGT-800 turbines. The plant has been designed with the capability to run on Hydrotreated Vegetable Oil (HVO), which is a more sustainable biofuel. SSE will also be seeking consent to run the station on natural gas, in addition to HVO, to fully utilise the plant's capability to meet Ireland's energy needs. The turbine technology also has the potential to convert to hydrogen when infrastructure, fuel availability and policy frameworks allow. "This forward-looking approach underscores SSE's commitment to decarbonising its flexible power generation fleet," said a company statement. 'We're pleased to be delivering a new power station at Platin, creating new and enduring jobs in the local area, while providing much needed flexible power generation to support security of supply and Ireland's net zero ambitions," said SSE Thermal managing director Finlay McCutcheon. 'With two major investment decisions taken so far in 2025, totalling up to €600m, SSE is clear in its commitment to investing right across the energy system in Ireland." SSE Thermal is already working with Siemens Energy on a multi-million-pound co-investment to deliver gas turbine technology capable of running on 100% hydrogen by 2030.

Limerick's AMCS acquires UK and Australian firms
Limerick's AMCS acquires UK and Australian firms

Irish Examiner

time04-05-2025

  • Business
  • Irish Examiner

Limerick's AMCS acquires UK and Australian firms

Jimmy Martin's AMCS has continued its expansion with the acquisition of companies in the UK and Australia. The Limerick-headquartered software firm has made more than 20 acquisitions in recent years, as it expands its presence in the waste management and recycling sector. AMCS said it has acquired London-based Selected Interventions, a software provider specialised in municipal resource management solutions with customers across residential, commercial, industrial, and municipal waste collection services. The company's flagship ECHO program supports residential waste services for approximately 19m residents worldwide. 'Selected Interventions' and the ECHO solution are a perfect complement to AMCS and our award-winning Performance Sustainability Suite,' said Jimmy Martin, co-founder and CEO of AMCS. 'This acquisition enables us to deepen our relationships with our existing shared customers and expand our reach into new markets." AMCS also announced the acquisition of Mandalay Technologies, an Australia-headquartered provider of weighbridge and data management solutions for the waste and resource recovery industry. "Over one-third of Australia's waste facilities rely on Mandalay Technologies' cloud-based weighbridge and data management systems for their operations,' said Mr Martin. Together, Mandalay and AMCS can provide our customers in Australia with enhanced operational visibility, optimised workflows, and leverage AI-driven analytics to improve efficiency, material quality, and sustainability outcomes. Financial details of both acquisitions were not disclosed. AMCS has 1,300 employees, with 4,000 customers across 80 countries. The company has offices in North America, Europe, and Australia in addition to its Limerick headquarters. Last year, private equity firm EQT acquired a majority stake in AMCS for an undisclosed amount. Following the acquisition, the co-founder, management, and others including existing majority investor Insight Partners, as well as Clearlake Capital, Highland Europe and the Ireland Strategic Investment Fund are expected to retain minority stakes. Read More Clonmel-based Shorla Oncology to increase revenues significantly

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store