Published 13/11/2011 | 05:00
THOUGH formerly the boss of a big international fossil-fuel power name, Liam Shanahan is putting his money behind green energy now.
Until last year, Shanahan led the family firm, Shanahan Engineering, which was founded by his father Liam Senior in 1979. It initially supplied large turbine-generator and boiler construction projects for big power-generation plants in Europe.
From the 1980s, it extended into the Middle East, Africa, the US and China, operating major oil-, gas- and coal-fired power plants around the world and becoming a global leader in that field.
It managed plants for clients including Viridian, Mitsubishi and General Electric. In Britain alone, it maintained 2,200MW of plant -- equal to half the Irish grid.
Energy-services giant Wood Power Group bought Shanahan Engineering in a deal worth about €25m in early 2010.
Liam Shanahan has bought into renewable energy through Renewco, a company co-owned with waste and recycling firm Oxigen Group's boss Sean Doyle.
It has invested in several fledgling wind and hydro-energy projects in Ireland and aims to invest further afield and in more new energy sectors.
Born in Columbia, Spanish rather than English was Shanahan's language and he speaks fluent French and German. He was educated at Blackrock College and University College Cork, where he studied law and he has a trilingual MBA from the European School of Management.
He is married to Ruth, they have five children and live in south Co Dublin. He enjoys sailing, skiing and golf.
Liam Shanahan is a former president of the Irish Exporters Association.
Sunday Indo Business