Energia agrees €600,000 M50 deal
Energia, the gas and electricity supplier, has agreed a deal worth €600,000 to power the M50 motorway for the next year.
The deal, which was agreed with M50 Concession, the company which operates the motorway, will see Energia supply over one megawatt of power to the road for signs and streetlights.
The IT and procurement manager at M50 Concession, Hung Tran Van, said that the company decided to sign with Energia due to a mix of service and pricing.
"The M50 is a fully lit motorway, so a secure, reliable and cost-effective electricity supply is vital for us.
"We've re-signed with Energia as we've found them to offer high quality customer service and energy expertise at a very competitive price," he said.
The section of the motorway from junction three M50/M1 to junction 14 M50 will be covered by Energia under the deal.
Energia key account manager Jason Cassidy said the company was 'delighted' to agree the deal, which will see it covering the M50 for the first time in two years.
M50 Concession was awarded a 35-year public private partnership (PPP) from the National Road Authority in 2007 to carry out upgrading works, financing and to operate the 40km road.