ECI Lighting to invest €25m and create jobs in Dublin, Cork and Belfast

ECI Lighting is to invest €25 million to fund a new energy services business which will create upwards of 20 new jobs for Dublin, Cork and Belfast.

The funding will primarily be used to facilitate commercial clients upgrading their existing lighting systems to energy efficient LED technology.

Declan Hanratty, MD of ECI Lighting

Other clean energy technologies will also be offered in conjunction with the three-year vendor finance partnership deal.

Speaking having signed the agreement Mr. Declan Hanratty, MD of ECI Lighting said: "This is a fantastic opportunity for ECI to scale a third generation business and to deploy significant amounts of capital in order to drive real energy savings and efficiencies for our clients...the positive environmental impact this investment will create is something which we can all be proud of”.

The company, which is one of the oldest lighting companies in Ireland, distributes to over 150 wholesale channel partners from its Dublin, Cork and Belfast offices.

Digital Desk

More on this topic

Health-tech firm announce 100 jobs for Dublin

Planning permission granted for Echelon's €500m data centre in Co Wicklow

Irish data centre firm to create 1,100 jobs in Dublin and Wicklow

Cork jobs boost from two firms

More in this Section

UK's Serious Fraud Office closes probes into Rolls-Royce and GlaxoSmithKline

MyTaxi app to change name for second time two years

UCC student launches Executive Summit, top execs get on board

Here are this week's six business movers


Live music review: Chvrches play a blinder at the Olympia

7 ways to manage toddler tantrums, according to an expert

The unlikely leading man: Viggo Mortensen earned his Oscar nomination by being everything a movie star isn’t

Ask Audrey: 'I'm pretending to be from Monkstown, but I'm really just a wan from Turners Cross'

More From The Irish Examiner