Viridian to build another power plant

NORTHERN energy group Viridian is to build a 400 megawatt power station beside its plant at Huntstown in north Dublin.

In a trading statement the company said it had reached agreement on the construction of the €250m plant with Mitsubishi Corporation. Full planning permission has been granted and the group has signed a connection agreement with its arch-rival, the ESB.

Construction should start in spring 2005, with the plant completed by mid-2007. The station's output will be sold to its customers in the Republic through subsidiary Energia.