The ESB’s new power station in Southampton,which opened yesterday, is the largest electricity generator built in the UK in the last five years and will supply one million people.
By 2020 the UK and Irish electricity markets will be one. Two more interconnectors need to be built. Britain is facing into having to replace many of its nuclear plants so the ESB have an eye on possible future opportunities.
It does not intend selling directly(retail) to the public,rather on to other electricity suppliers on a contract basis.
Business, Uncategorized
The Irish Independent recently published what they believe to be the top twenty computers on the market.
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Aer Lingus plc, previously a wholly State owned Irish national airline is now in the hands of
Ryanair 29.8%
The Irish Government 25.1%
Employee Share Ownership Trust (ESOT) 14.2%
Institutions and small shareholders 30.9%
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The scene at the E.G.M. of the Anglo Irish Bank
An Extra-ordinary General Meeting (egm) of the shareholders of Anglo Irish Bank took place on Friday last. The meeting had been arranged prior to the Government decision to nationalize the bank.
Shareholders who spoke at the meeting outlined their disapproval of how the company had been governed and the failure of the company auditors to spot wrongdoings.
With in excess of 749m shares issued,shareholders will wonder what,if anything they will get for their investment.
The bank has 20,000 shareholders.
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