ESB in €22m energy supply deal with Eircom

26 Apr 2011

ESB Electric Ireland has signed a €22m contract with Eircom Group, which will see it service Eircom’s energy requirements over the next two years and also strive to improve the company’s energy efficiencies.

As part of the contract, ESB Electric Ireland will supply electricity to 81 major telephone exchanges and installations along with Eircom’s new corporate headquarters at Heuston South Quarter and support the company with long-range energy procurement.

ESB Electric Ireland Industrial & Commercial business manager Derek Russell said the company had developed a highly flexible, innovative contract that would help drive cost savings and energy efficiency for Eircom.

“We have structured this new contract in a way which brings the client ‘inside’ our energy trading centre and enables them to leverage the expertise and experience we have in managing the gas, carbon and foreign exchange inputs that determine their final energy costs,” said Russell.

ESB has already worked with Eircom on many areas over the past six years, including partnering with the company on internal Eircom energy awareness campaigns; providing advice on cost-saving opportunities and offering advice and updates on energy market developments.  

Over the next 24 months, ESB Electric Ireland will aim to help Eircom exploit energy cost-saving and efficiency initiatives through the installation of Energytracked, its energy and environmental management system.

Carmel Doyle was a long-time reporter with Silicon Republic