Vayu 2014 Green Energy Award finalist

11th April 2014: Irish energy supplier Vayu was delighted to be finalists for the 2014 Green Awards, which were held in Dublin last night. Colm Kennedy, Managing Director of Vayu said: “Being short-listed for the Green Energy Award category is a strong recognition of our commitment to delivering  innovative renewable energy and efficiency solutions for our customers throughout Ireland.” 

“We’re committed to working with Irish businesses over the coming years to reduce their carbon footprint and energy consumption. We see this as a vital part of our business as more and more companies seek access to green energy sources and limit the environmental impact of their activities.” 

Vayu is the only energy supply company in Ireland to achieve a 100% renewable energy rating for all electricity supplied to its customers.  As part of its green energy strategy, Vayu uses an innovative power purchase agreement (PPA) model to work closely with renewable energy generation projects across the country, providing partners with hands-on advice on everything from planning permission, to grid connections right through to funding and delivery of renewable energy supply. 

In addition to supplying green energy to businesses, Vayu provides energy management tools that enable customers to monitor their energy consumption in real time, improve their facilities’ energy performance and ultimately reduce both their carbon footprint and energy costs. 

ENDS

 About Vayu

Vayu is a leading independent supplier of electricity, natural gas and renewables; offering the widest range of tailored procurement solutions to industrial and commercial customers in Ireland, the UK and the Netherlands. The company has been in operation since 2003 and since its beginnings as a business natural gas supplier has steadily grown and now supplies 22% of Ireland’s largest natural gas business users. Vayu’s customer now includes companies such as Tesco, Bulmers, FMC, IBM, and DHL among its growing client base. 

In 2007, Vayu launched its electricity supply business and have seen our market share double each year. International commodity group Glencore Xstrata is the largest shareholder in the business.

We put ourselves in our Customers’ shoes, we always think about things from their point of view. Our experience and specialist energy expertise means we can quickly get to grips with what they’re looking for – and how best to deliver it. 

Vayu have Power Purchase Agreements (”PPA’s) in place with developers of renewable energy projects including onshore wind, landfill gas, hydro and biomass. We understand the complexities of renewable projects – from the existing AER (Alternative Energy Requirement) projects and new REFIT arrangements to putting the right agreements in place between developers and financial institutions. 

Vayu is one of a small number of licence power suppliers that can provide PPAs in both the Republic and Northern Ireland. Our industry knowledge, local knowledge, competitive terms and innovative approach mean that we are the ideal PPA partner for renewable generators for PPAs. 

Over the past 10 years Vayu has gained a reputation for being “ahead of the game”, and we aim to keep it that way. We invest time and resources in anticipating trends and needs before they happen. 

For information:

Eoin Quinn, Weber Shandwick

Tel: +353 1 6798600, Mobile: +353 87 2332191

 

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