Bord na Móna sells its 50% stake in Limerick firm Viotas

Chief Executive of Viotas, Paddy Flynn

Bord na Móna has sold its 50% stake in the Limerick-based smart grid company Viotas, which provides customers with technology to measure their energy consumption.

The semi-State body is expected to make a significant return from the deal following the growth of Viotas since it invested in the company in 2016.