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BHSL appoints former Kerry Group chief as chairman

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Irish agritech business BHSL has appointed former Kerry Group chief executive Denis Brosnan as chairman of the company as it launches a process to raise at least €7million in new equity to support its global expansion.

The Co Limerick-based company says its technology is transforming poultry production by turning a cost centre (dealing with waste manure) into a source of fuel, thereby driving farm profitability through reduced energy bills. Read more

Optinergy to create 50 new jobs following acquisition

Optinergy to create 50 new jobs over the next five years. Photograph: The Irish Times

Fifty new jobs have been announced as Optinergy, the Irish-owned service provider in windfarm operation and maintenance.

It follows Optinergy’s acquisition of the Wind O&M (Operation and Maintenance) division of LotusWorks, Lotus Energy Systems.

The newly expanded operation will create an additional 50 jobs over the next 5 years for engineers and advanced trades people in rural Ireland. Read more

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Koch Acquires EFT Energy, one of BVP’s Investee Companies

WICHITA, Kan.–(BUSINESS WIRE)–Koch Technology and Optimization, LLC and Koch Minerals, LLC, both subsidiaries of Koch Industries, Inc., announced the acquisition of EFT Energy, a leading software as a service and solutions provider in the fields of industrial and manufacturing predictive analytics, process optimization, and industrial and commercial energy management. Read more

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UrbanVolt announces €5m investment in energy efficiency projects in Cork

THE energy and lighting specialist firm UrbanVolt is to invest €5m in energy efficiency projects in businesses in the Cork region.

Some €2m of the fund will go to upgrading lighting facilities in the Blackpool Shopping Centre together with Pipelife in Whites Cross, Daly Industrial Supply Company on the Lower Glanmire Road and Graepels in Kinsale. Read more

UrbanVolt named as one of the Top StartUps in Ireland

UrbanVolt is making it easy for SMEs to save money while using sustainable energy.

It retrofits commercial premises with LED lights without upfront cost to the customer and is paid via a share of the savings over the first five years. During that period it also assumes full responsibility for maintaining the lights.

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€1m fund for firms to tackle climate change – Irish Independent

Pictured are Wayne Byrne, OxyMem; Fintan Whelan; Aideen O’Hora, Sustainable Nation; and Elliott Griffin, BVP Investments.
Picture by Shane O’Neill Photography.

A €1m fund to support firms in the green-tech space has been launched by Sustainable Nation Ireland, a new body tasked with promoting Ireland as a hub for sustainable business.

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High-tech climate change centre planned for Powerscourt estate

Irish Times story involving BVP portfolio company Crowley Carbon and it’s CEO Norman Crowley:

Dripping glaciers, extreme weather rooms and trees with pulsating hearts are among some of the high-tech exhibits planned for a climate change centre at Powerscourt estate in Co Wicklow.

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Cork-based start-up Zeto secures investment of €1.7m

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Source: Irish Times

Cork-based technology start-up Zeto has secured an investment of €1.7 million, in a funding round led by Kernel Capital.

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