Humber Bank-based power giant VPI has partnered with an Irish generation company to build a new 275MW plant in County Westmeath.
A joint venture has been agreed with Lumcloon Energy Ltd for a consented open cycle gas turbine power plant. It will play a role in supporting peak demand, acting as a back-up for renewable energy sources.
VPI, a division of global energy trader Vitol, takes a 51 per cent share, with construction to start next year.
