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Flogas enters electricity market

Energy company Flogas Ireland has announced its entry into the electricity market in Northern Ireland with the acquisition of Budget Energy, one of Northern Ireland’s electricity flobudget0520suppliers. It marks the largest investment that Flogas has made into the growth of its energy business to date and follows its purchase of Just Energy Ireland in November 2019. Budget Energy, which trades as BE Energy in ROI, has over 90,000 customers. George McEvoy, chief executive and owner of Budget Energy was at the announcement with Paul Kenny, general manager, Flogas Energy.

 

The acquisition of Budget Energy will enable the expansion of the Flogas business into the residential and commercial electricity market in Northern Ireland, where it has been operating for over 30 years in the LPG and more recently, the commercial natural gas market.
John Rooney, managing director, Flogas Ireland, said “The Budget Energy acquisition is a significant step forward in the growth of Flogas and accelerates our vision to be one of Ireland’s leading all-island energy suppliers.”
 
 
 

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