Dalkia acquires Ballyragget Power

Dalkia Ireland has acquired Ballyragget Power, a leading developer and operator of Combined Heat and Power (CHP) plants.

Ballyragget Power, a wholly-owned, independent subsidiary of ESB, has built and operates five CHP plants, which provide heat as well as power. Ballyragget Power operates a total of six engines and two turbines at five sites, generating a total of 19 MW of power.

The five plants are located at the Glanbia facility in Ballyragget, Kilkenny; at the Bausch and Lomb and Waterford Crystal facilities in Waterford; and on campus at UCC in Cork and UCD at Belfield, Dublin.

The plants generate electricity and produce heat for the buildings and processes. Because CHP plants use heat that would otherwise be disposed of, it represents a considerably more efficient use of primary fuel than conventional electricity generation.

CHP plants also achieve significant reductions of CO2 emissions compared with separate heat and power generation systems. All of the plants currently operated by Ballyragget Power are staffed by sub-contractors who will be unaffected by the transaction.