Belfast Telegraph

Viridian Group ; Company Report

VIRIDIAN Group Investments is a NI-registered company consolidating business investment holdings of Viridian Group across the island. It includes, in Northern Ireland, trading figures for Power NI, and in the Republic the results for the Huntstown power stations and the Energia Group.

The group's total revenue has fallen in the last two years, partly influenced by lower levels of activity but also by falling prices for electricity in the generating and retail market. However, the group's underlying profitability has improved.

The difference between operating and pre-tax profits was significantly affected by changes in net finance costs of the businesses and the level of borrowed funds. …

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