Greenergy enters Irish market with Inver acquisition
Greenergy has bought independent Irish fuel supplier Inver Energy. Inver’s business activities include import and storage facilities and fuel supply operations in Ireland, as well as an Irish retail dealer network operating under the growing Inver brand. The deal means that Greenergy enters the Irish market for the first time and gains access to the recently constructed AFSC terminal, in which Inver holds a 50% shareholding. Inver also owns a terminal in Cardiff that is partly leased to Greenergy. Inver’s existing management team will remain in place following the deal.