Indaver profits more than double as electricity prices surge

Profits of €21.1m for Belgian-owned waste-processing and power-generation firm

An artist's impression of the Ringaskiddy incinerator project. Indaver had secured permission in 2018, which was challenged by an environmental group. 

Profits at waste-processing and power-generation firm Indaver more than doubled to €21.1m last year on the back of a surge in electricity prices.

Belgian-owned Indaver Ireland operates an incinerator at Duleek in Co Meath that produces enough electricity to supply the equivalent of Drogheda and Navan towns.