Irish firm Vayu Energy has signed a contract, worth €250,000 per annum, to supply gas and electricity to The Teeling Whiskey Company.
The agreement will see Vayu supply Teeling Whiskey with natural gas and 100% green electricity to meet the year-round energy requirements for its newly opened distillery in Dublin's Newmarket Square in The Liberties.
Following a €10 million investment in its new distillery, the Teeling Whiskey Company is firmly focused on capturing a larger share of the global Irish whiskey category, which has an overall value of €350 million per annum and accounts for 28% of Ireland's beverage exports.
Stephen Behan, energy specialist at Vayu said: "Environmental sustainability is increasingly a driving force for many Irish companies, particularly in the food and drinks sector. As result, we’re seeing growing demand for access to renewable energy sources as businesses look to reduce their carbon footprint and impact on the environment. This goes hand-in-hand with cost competitiveness as businesses seek more sophisticated ways to manage their energy procurement and reduce consumption."
(CD/LM)
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