Homebuyer demand in NI rises at fastest rate in nearly three years

By

-

13/09/2024

Demand from new buyers in Northern Ireland’s housing market rose at the fastest rate in nearly three years according to the latest RICS and Ulster Bank Residential Market Survey. It comes at a time when supply levels also continued to edge upwards.

A net balance of 53% of Northern Ireland respondents reported that new buyer enquiries rose through the month of August. This is up from 38% in July, and the highest balance seen since November 2021.

On the supply front, a net balance of 54% of NI respondents reported that supply levels rose through August, the highest balance seen since the pandemic.

It is unsurprising therefore that Northern Ireland surveyors noted a rise in sales in the most recent survey. A net balance of 38% of respondents reported that newly agreed sales increased through August.

Respondents also anticipate that the upward trajectory on the sales front will continue in the short-term, with a net balance of 49% anticipating that sales will rise over the next three months.

Looking at pricing, a net balance of 75% of surveyors in NI reported that prices have risen over the past three months. Once again, NI continues to outperform other UK regions, and is well above the average UK price balance which is reported to have fallen flat through August.

Surveyors remain positive on the pricing front looking forward as a net balance of 45% of surveyors anticipate that prices will rise over the next three months. However, this is lower than has been seen in previous months; down from 70% in July and 68% in June.

Samuel Dickey, RICS Northern Ireland Residential Property Spokesman, comments: “Interest rate cuts are boosting confidence but the most significant factor impacting on the market continues to be the fact that demand is outstripping supply. This is a longstanding challenge, and whilst an increase in supply to the market was reported in August, we are also seeing demand increasing. This explains the ongoing upward pressure on prices. This is also a dynamic evident in the rental market. Anecdotal evidence points the rental market continuing to face the same pressures on the supply front, which is pushing up rents.”

Stephen Lavery, Local Director, Ulster Bank said: “The findings of this month’s survey very much tally with our own experiences as the number of mortgage enquiries we are dealing with continues to rise. It is welcome that the latest survey reported a rise in supply as this was one of the biggest challenges facing potential buyers. Overall, the survey paints a largely positive picture of the local housing market and it is evident that recent cuts to interest rates are continuing to provide a boost to confidence and optimism levels.”

BPI secures place in finale of prestigious business growth awards

By

admin

-

13/09/2024

0

BPI is celebrating being shortlisted as a finalist in the prestigious Wakefield Business Awards 2024, in the category of Business Growth Success Story.

Being shortlisted represents a significant milestone at BPI from a newly formed business in 2009 to an industry leader. A remarkable journey that now means the business as one of the largest employees in Wakefield and in a strategic position to accelerate further growth over the next few years..

The business is now a leader in delivering asset valuations and asset disposal solutions for private clients, SMEs, hire companies, finance houses, insolvency practitioners and lenders. Core to the BPI brand is its commitment to circular economy principles. This model underscores its entire business strategy of reselling assets back into the economy for re-use and extended life, combined with a unique ability to offer customers a hassle free, end-to-end selling process.

This strategy has helped BPI achieve exceptional growth and high resilience in a competitive market. Recent key highlights of BPI’s success include: A growth in staff numbers to a sizeable team of 45 in 2024; Collective sale value exceeding £20 million in the last financial year; Conducting over 1,000 auctions annually for the past five years; Formation of BPI Asset Advisory in 2018; Acquisition of Michael Steel & Co in July 2024.

Henry Spencer, Operations Director at BPI, said: “Being shortlisted for the Business Growth Success Story category tops off a highly successful year for BPI. It’s a reflection of the hard work and dedication of our entire team. We’ve come a long way since our formation and this recognition will drive us forward to continue innovating and growing in the years to come.”

BPI’s growth story is founded on strategic customer acquisition, smart investments and achieving ISO 9001:2015 accreditation. In 2018, the company formed BPI Asset Advisory, broadening its service offerings and market reach. This was followed by the acquisition of Michael Steel & Co in July 2024, further solidifying its position in the industry.

BPI’s future potential for growth was recognised by Finance Yorkshire, leading to a significant £1.5 million investment in 2023. This capital injection has been instrumental in supporting BPI’s expansion plans and enhancing its service capabilities.

“Our growth isn’t just about numbers,” added Henry. “It’s about the value we’ve been able to deliver to our clients, the jobs we’ve created, and the positive impact we’ve had on the regional economy. We’re proud to be part of Wakefield’s vibrant business community and are honoured to be recognised alongside other outstanding local businesses.”

BPI is dedicated to investing in its people, providing structured progression plans and supporting their training and development.

The Wakefield Business Awards, organised by We Are Wakefield, celebrate the achievements and contributions of businesses in the Wakefield district. The awards ceremony, where winners will be announced, is eagerly anticipated by the local business community.

The award finale is being held in Wakefield on Thursday 7th November.

For more information on BPI, visit: www.bpiauctions.com

NI Water Announces Major Professional Services Framework to boost local economy – valued up to £800m

By

admin

-

12/09/2024

0

After a successful, yearlong public procurement competition, NI Water has announced the award of a Professional Services Framework, valued up to £800m, which will support the planning and delivery of its Capital Works Programme, including the sustainable delivery of key water and wastewater infrastructure projects across Northern Ireland.

Caption: Professional services framework companies join the NI Water team to launch the framework.

The framework will run for an initial four-year term, with options to extend to 2032 and the spend can flex up and down, depending on the capital investment budget available for that period.

A wide range of professional services will be provided by local companies appointed to the framework, including project management, network modelling, digital innovation and plans to strengthen climate resilience, while reducing carbon emissions and improving the overall efficiency of capital delivery.

Tzvetelina Bogoina, NI Water’s Director of Infrastructure Delivery, said:

“We are delighted to announce the award of this framework, which will support the delivery of numerous major outputs within the Capital Delivery Business Plan, enhancing the capabilities of both local and national companies.

“This framework provides further resilience for NI Water to provide our customers with the best sustainable and environmental outcomes for water and wastewater services. It is the embodiment of our commitment to driving integration, collaboration and continuous improvement across all facets of our operations.

“It is a welcome boost for the local economy and will provide us with access to some of the best innovative providers within the local Construction Supply Chain and we look forward to working with all of our partners on the framework to deliver a sustainable, world-class service to our customers.”

Construction Finalists Announced Ahead of WorldSkills Ireland 2024

By

admin

-

12/09/2024

0

THIS September, Ireland’s largest skills event – WorldSkills Ireland 2024 – will open its doors at the RDS Simmonscourt, Dublin, promoting trade industry skills and apprenticeship opportunities for young people as they navigate future options following secondary education.

Attracting 30,000 students from across Ireland, the event is returning from Wednesday 25^th to Friday 27^th September, and will be a celebration of apprenticeships, skills and careers to inspire young people from across the country.

Ahead of the event, 172 students and apprentices from across Ireland have been named as competition finalists who will compete on the national stage, 53 of whom will be competing in Construction based competitions that include Architectural Stonemasonry, Bricklaying, Cabinetmaking, Carpentry, Digital Construction BIM, Electrical Installations, Joinery, Painting & Decorating, Plastering and Drywall System and Plumbing & Heating.

A unique partnership between Government, Education and Industry, 2024 marks the fourth year of Ireland’s national skills event. Alongside Construction, the event will expose the incredible opportunities on offer through an apprenticeship or skills-based career across a multitude of industries including Creative Arts, Hospitality and Tourism, ICT, Automotive & Heavy Vehicle Technology and Manufacturing and Engineering Technology.

John Grady, aged 22, is competing at the upcoming event and commenting on choosing a skills-based career, says: “Choosing a career in construction, particularly carpentry, has been an incredible journey for me. Studying with ATU Sligo and pursuing an apprenticeship has allowed me to build my skills from the ground up, literally. Instead of sitting in a classroom all day, I’m out there creating something tangible, learning the craft from experienced professionals, and seeing the immediate results of my work. The hands-on experience has been invaluable and has given me a real sense of pride and accomplishment.

“There are so many great opportunities for those who choose to start their careers through an apprenticeship program. You’re on a salary from the beginning and develop practical skills that are highly sought after in the industry. Competing on the national stage at WorldSkills Ireland in September in carpentry is a huge honour, and I’m excited to show how rewarding a skills-based career can be.”

Committed to promoting excellence in skills and driving economic growth through a skilled workforce, this year’s event is supported by industry leaders across the construction sector, including Autodesk, Construction Institution Federation (CIF), ESB Networks and SISK, and competition sponsors, OPW, Unilin, Jones Engineering, Crown Paints, Saint Gobain and King & Moffit.

Commenting on the upcoming event, Hubert Fitzpatrick, Director General, Construction Industry Federation comments: “The Construction Industry Federation (CIF) is proud to be the main sponsor of WorldSkills Ireland 2024. This event is a powerful platform for highlighting the vast opportunities available through apprenticeships and skills-based careers in the construction industry. As our sector continues to innovate and grow, the demand for skilled professionals has never been greater.

“The three-day event brings together students, educators, and industry leaders, providing an invaluable opportunity for young people to explore the diverse career paths within construction. By engaging directly with experts and experiencing hands-on demonstrations, students can gain a real sense of the exciting and rewarding careers that await them.

“We are proud to be returning as a supporter of this event and look forward to meeting the next generation of talent. It’s an inspiring event that helps shape the future of our industry and empowers young people to build successful careers in construction.”

Paul Brown, CEO, SISK, comments: “As an industry, it’s essential that we address the current challenges we’re facing, such as skills shortages, climate change, and supply chain disruptions. A key part of overcoming these challenges is investing in the next generation and encouraging them to pursue careers in the construction sector, which offers tremendous opportunities for growth and progression.

“At SISK, we’re proud to sponsor WorldSkills Ireland 2024 and the construction competitions, as these events are critical in showcasing the incredible talent emerging in our industry. Our Carpentry and Joinery apprenticeship program plays a vital role in training skilled young professionals to the highest standards. We recognise that these skilled tradespeople are the future leaders of our industry, and we are committed to upholding this proud legacy and our commitment to excellence. Many of our apprentices have gone on to participate and excel in WorldSkills Ireland competitions, and we believe that inspiring and empowering the next generation is key to ensuring the continued growth and success of Ireland’s construction industry.”

Amanda Fennell, Director of EMEA Marketing, Autodesk Construction, adds: “WorldSkills Ireland 2024 plays a vital role in connecting young people with the diverse opportunities available through apprenticeships and skills-based careers. At Autodesk, we are committed to supporting the next generation of talent by providing the tools and platforms that help them excel in a career within the construction industry.

“Apprenticeships are a powerful way to gain hands-on experience, learn from industry professionals, and develop the practical skills that are so essential in today’s job market. Events like WorldSkills Ireland allow students, parents, and educators to see firsthand the exciting pathways that skills-based careers can offer.

“We are proud to be the main sponsor of WorldSkills Ireland and look forward to engaging with the bright minds who will be shaping the future of construction and beyond. It’s an exciting opportunity to showcase how technology and innovation are transforming industries and to inspire the next generation of skilled professionals.”

Alongside the competitions, there will be demonstrations, try out areas, inspiring real-live talks from industry experts, an opportunity to meet employers who are ready to recruit and the chance to view innovative digital tech skills that are the backbone of jobs of the future.

Designed to promote skills, apprenticeship careers and opportunities for young people, the event allows students, parents, teachers, and guidance counsellors to navigate the options available following secondary education. The Finals Day is set to take place at the RDS, Dublin on Friday 27^th September and is a day not to be missed! Free to attend, registration for the event is now open – www.worldskillsireland.ie.

Housebuilders Fraser Millar Calls For Increasing Building Regulations Standards in Energy Efficiency for New Homes

By

admin

-

10/09/2024

0

LOCAL family-owned business Fraser Millar, one of Northern Ireland’s longest established and most progressive housebuilders has called for an increase in standards of the current building regulations for energy efficiency in Northern Ireland as part of the drive to meet Net Zero targets.

Caption: Members of the All-Party Group on Climate Action, are pictured during a visit to Lancaster Park with Fraser Millar Directors, John Carrigan, David Millar and Charles Millar, which was organised by Sustainable NI.

The request coincided with a facility visit for members of the All-Party Group on Climate Action organised by Sustainable NI at the company’s 219-unit Lancaster Park development in the Four Winds, Belfast where cutting edge Passivhaus construction techniques have already delivered significant reductions in energy use.

John Carrigan, Director with Fraser Millar explains, “We are delighted to have the opportunity offered by Sustainable NI to host local MLAs and Councillors and increase their awareness of the economic and environmental benefits of this innovative alternative to conventional housebuilding. Passivhaus principles are setting a new benchmark for energy efficiency in the housing market, which supports homeowners, and far exceeds Northern Ireland’s current building regulations.

“Passivhaus homes use 70 to 90 per cent less energy than conventional homes with more than 90 per cent of the heat generated, within the home, staying in the home, potentially saving residents hundreds of pounds on heating bills every year. Not only that, but they are designed to promote higher air quality due to continuous ventilation and a heat recovery system that reduces pollutants and dust which can be beneficial to those with allergies. None of these principles are difficult to implement or construct, it is just about the attention to detail and doing it right.”

The only company in Northern Ireland to gather data allowing it to monitor the performance of their Passivhaus homes, Fraser Millar’s statistics show better results than initially expected, with recent studies reporting that typical standard new build homes are performing between 52% and 98% worse than predicted at design stage. Conversely, real data from Lancaster Park is showing the houses to be performing better than predicted at design stage. In fact, monthly data demonstrates that a four bed, 1365 sq ft Langham house, with a family of four is currently showing an average monthly expenditure of £75 per calendar month for all heating, hot water and general electric use.

Fraser Millar Director, David Millar, is pictured with Mayor of Lisburn and Castlereagh City Council, Councillor, Kurtis Dickson, during a visit to Lancaster Park by the All-Party Group on Climate Action, organised by Sustainable NI.

“We like to think of ourselves as trailblazers, constantly challenging construction standards in Northern Ireland, particularly in relation to low energy homes,” says John Carrigan. “With the adoption of Passivhaus principles we believe we can help to revolutionise the housing sector in the future, delivering better for the environment through lower carbon emissions and significantly reduced energy bills for customers. A typical new build house emits 6,000 tonnes of carbon per year, whereas our houses emit less than 0.5 tonnes.

“The figures we have produced to date speak for themselves and when extrapolated across Northern Ireland, can only mean positive and impactful results for government and homeowners alike.”

Commenting on the importance of such familiarity visits, Nichola Hughes, Director of Sustainable NI said,” Given the targets set for Net Zero in 2050, it is vital that our political representatives are fully briefed on all possible solutions to help deliver a zero-carbon future for Northern Ireland. Passivhaus technology is an innovation that offers a positive impact on the environment in terms of construction but also economically for householders at a time when costs are increasing across the board.

“We are delighted to collaborate with Fraser Millar on this occasion and look forward to some affirmative action from the members of the All-Party Group following such an informative visit to Lancaster Park.”

Lancaster Park is Northern Ireland’s first large scale Passivhaus certified housing development, followed by the company’s recently launched second such development Beaufort Green on the Comber Road in Carryduff and another is planned for Killinchy Road in Comber.

Multi award-winning, the Fraser Millar team scooped Developer of the Year 2023 at the PropertyPal Awards.

For more information on Fraser Millar and it’s Passivhaus developments, visit the website: www.frasermillar.co.uk.

O’Dowd welcomes new era for public transport as Belfast Grand Central Station opens.

By

admin

-

10/09/2024

0

Opening Picture BGCS — Infrastructure Minister John O’Dowd, today marked the operational opening of the new Belfast Grand Central Station with a ribbon cutting ceremony. Set to be Ireland’s largest integrated transport hub, the new facility will advance the transformation of public transport with a step change in customer experience. Services are being phased in with bus services now in place. Pictured with the Infrastructure Minister, John O’Dowd are, Belfast Lord Mayor, Councillor Micky Murray and Chris Conway, (left), Translink Group Chief Executive. Picture by Brian Morrison

Infrastructure Minister John O’Dowd has welcomed a new era for public transport as services begin to be phased in at Belfast Grand Central Station.

Bus stands at the new world class transport hub became operational this week in the first phase of opening. Set to be Ireland’s largest integrated transport hub, the new facility will advance the transformation of public transport with a step change in customer experience.

A date for the commencement of rail services will be confirmed once the rail safety authorisation process is complete. That important and necessary process is continuing and will be finalised as soon as possible to enable train services at the new station to get underway.

Public Realm work to put a clear focus on allocation of road space to pedestrians, cyclists and public transport around the station will continue in to 2025.

Speaking as he opened Grand Central Station as bus services begin to operate, John O’Dowd said: “This is truly a new era for public transport here in Belfast and across the north and indeed the island of Ireland. This new flagship station is iconic as well as historic and it signals our intent in relation to our climate commitments and our focus on transport decarbonization.

There is no doubt that this is an impressive facility with the space to cater for up to 20million customer journeys per year, with 26 bus stands and double the number of rail platforms from four to eight. With 200+ spaces for bicycles, we are focused on encouraging more active travel and providing passenger facilities and services that deliver an enhanced user experience.

“This is an example of the importance of infrastructure and the transformative changes my department can deliver. I would like to thank everyone who has worked tirelessly on this project to make this happen and bring the vision of Ireland’s largest integrated transport hub to reality.”

Chris Conway, Translink Group Chief Executive said: “We are excited to be opening this modern major transport interchange this week. With advanced customer features and integrated networks, it offers huge opportunity to grow public transport driving economic development across the region and play a major part in tacking the climate emergency. That means a better-connected future for people and communities for generations to come.

“I would like to thank the Minister and his Department for the funding and the wider NI Executive for their support in designating this as a Flagship Project.

“I would also like to thank the Translink team and the contractors for their commitment and dedication to get this project to this key stage”.

Duane McCreadie, Project Director for Farrans Sacyr JV, said: “The departure of the first bus from Belfast Grand Central Station this weekend has been a proud moment for the FSJV team who have worked hard to deliver this first operational phase on time.

“There has been a true sense of collaboration on this project since day one and we have worked closely alongside Translink, Babcock and our local supply chain to meet the challenging construction programme. This is an impressive building which has been built for the city of Belfast by local people who are invested in our region. We know that it will have wide ranging positive benefits for sustainable travel in Northern Ireland.”

GRAHAM Innovation Director appointed as Chair of ICE Northern Ireland

By

admin

-

09/09/2024

0

The Institution of Civil Engineers Northern Ireland (ICE NI) has appointed Emer Murnaghan OBE as Chair for 2024-2025.

Emer’s appointment was confirmed at the recent (5 Sept 24) ICE NI Annual General Meeting at the MAC, Belfast, following her in-person Chair’s address and supper.

Speaking about her appointment Emer said:

“I am committed to leading the institution in its mission to advance civil engineering in the region and promote sustainable infrastructure. Together with our members, we will continue to address the challenges facing our built environment and work towards a more sustainable future, Delivering Better Together!”

Leo Martin, GRAHAM Managing Director Civil Engineering, said:

“Emer brings a wealth of experience and expertise to the role, having served in various leadership positions within the ICE NI. Her passion for civil engineering and her dedication to the profession will undoubtedly be invaluable in guiding the institution in the coming year.”

The ICE NI is a leading professional body dedicated to advancing civil engineering in the region. For over 150 years, ICE NI has been at the forefront of shaping the built environment, promoting sustainable infrastructure, and fostering innovation. Through its network of members, events, and initiatives, ICE NI plays a vital role in addressing the region’s engineering challenges and ensuring a sustainable future.

Second Grenfell Report recommends major reforms on higher risk buildings

By

admin

-

05/09/2024

0

Yesterday marks a significant milestone in the Grenfell Tower Inquiry, as the findings of the extensive six-year investigation are released. The Inquiry, which is crucial to understanding the tragic events of June 14, 2017, aims to provide clarity while honouring the memory of 72 lives lost.

Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said:

“The Building Safety Act began the process of ensuring the Grenfell tragedy never happens again, but from cladding and Building Regulation process, to maintenance and fire safety protocol, the Phase 2 report highlights and details many other concerns that could have prevented the fires tragic loss of life.”

The Inquiry has uncovered critical insights into the factors that lead to the Grenfell Tower fire, highlighting considerable failings in several areas, including cladding manufacturers and insulation works, refurbishment companies, Government’s approach, Local council and housing management and the London Fire Brigade.

The Inquiry has made several key recommendations aimed at preventing such a tragedy from recurring, including:

Building regulations and the construction industry

Establish an independent regulatory body, reporting to a single Secretary of State, to ensure effective information sharing and promote the exchange of ideas. This “construction regulator” would be sufficiently resourced to take on functions currently managed by a variety of bodies, including licensing contractors on higher risk buildings
Urgently review the definition of a ‘higher risk’ building as outlined in the Building Safety Act

Government

Bring responsibilities for fire safety currently exercised by Ministry of Housing Communities and Local Government, the Home Office and the Department for Business and Trade into one department under one Secretary of State
Appoint a Chief Construction Adviser with a sufficient budget and staff to expert provide advice on all matters affecting the construction industry
Review and update statutory guidance, particularly Approved Document B accordingly, and publish revised guidelines as soon as possible

Fire safety strategy

Collaborate with the professional and academic community to develop new testing methods that provide the information needed for such assessments to be carried out reliably

LUXURY ECO-FRIENDLY STUDENT ACCOMMODATION BRINGS THE EDGE TO BELFAST

By

admin

-

04/09/2024

0

The Edge, Belfast’s newest and most eco-friendly student residence, has been completed after 15 months of construction. The 307-room luxury accommodation in the city centre, directly beside the new Ulster University campus, is set to welcome its first cohort of students this academic year on 14 September.

The scheme has created 5 new full-time jobs plus 180 during construction. It will contribute nearly £2million annually to the Northern Ireland economy and continue the regeneration of Belfast City Centre.

The Edge was developed by ROK Property and Bridges Fund Management. It will be managed by Prestige Student Living, who offer luxury student accommodation at 35 locations across the UK and Ireland.

Located on York Street, The Edge offers stylish studio rooms with prices starting from £149 per week and flexible tenancy lengths, making it the most cost-effective option for Belfast students.

The Edge will also be Northern Ireland’s most eco-friendly student block, with sustainability at the heart of both the construction and operation of the building. Recycling and waste management were prioritised during the demolition process, CO₂ emissions were actively reduced throughout the build, and all materials specified were in accordance with BRE Specification. In operation, the building will be fully electric, thanks to air sourced heat pumps and solar PV, while also utilising water-saving technology and storm water attenuation.

Placing wellbeing at the heart of student’s needs, the state-of-the-art building includes a high-quality fitness suite, dedicated yoga and Pilates studio, as well as an array of modern amenities such as an outdoor zen garden, cinema room and gaming nooks, all designed to enhance the academic journey of students.

The project is working towards a BREEAM Very Good and Fitwell & Wired Score Accreditation.

Dylan Lindsay, Director at ROK Property said: “The Edge is now complete, welcoming students from the 14September. This marks a significant milestone for us, as our first purpose-built student accommodation scheme in Northern Ireland.

“The building will be a major addition to the accommodation offering around the new Ulster University campus and will play a role in helping to meet the needs of the student population in the city centre.

“Throughout the design process, sustainability was important to us. We worked to ensure The Edge is Northern Ireland’s most eco-friendly student block, offering students a stylish yet affordable living experience, with the most flexible tenancies available anywhere in the city.”

Guy Bowden, Partner at Bridges Fund Management said: “We’re delighted that The Edge is finally opening its doors to students this September. In Belfast, we felt there was a clear shortage of high-quality purpose-built accommodation to house the University’s growing student population. We set out to meet this need by creating a scheme with best-in-class sustainability credentials that would also support students’ wellbeing. We hope The Edge will be able to have a lasting positive impact on the lives of students in the city.”

To book a room at The Edge, please visit: https://prestigestudentliving.com/student-accommodation/belfast/the-edge

b4b Renewables appoint new Managing Director

By

admin

-

03/09/2024

0

Darren b4b Image 3 — Press Eye - Belfast - Northern Ireland - 27th August 2024 Picture: Matt Mackey/Presseye.com

b4b Renewables, a leading innovative renewable energy company in Northern Ireland, has appointed Darren Lemon as its new Managing Director.

Joining with over 30 years’ experience, Darren’s new leadership role within b4b Renewables will see him set the direction and strategy for the business whilst working closely with the team of renewable experts to support clients in transitioning to solar energy, reducing their carbon footprint whilst saving money.

Darren’s extensive background includes over eleven years as eir’s General Manager in Northern Ireland where he successfully grew the business to over £20million a year in revenue. He also spent 2.5 years at Capita in the Public Service division before becoming a consultant helping companies across a range of industries to grow their business.

Now taking the helm at b4b Renewables, Darren has joined a forward thinking, renewable energy business focused on delivering solar generation and battery storage solutions to its wide spread of customers across the UK and Ireland including commercial buildings, hotels, manufacturing and retail businesses. Making a significant step in developing the business’ offering, the entrepreneurs behind Belfast’s b4b Group acquired a majority stake of local renewable energy solutions company, Daly Renewables, earlier this year with plans to create 20 new jobs over the next two years.

Darren Lemon, managing director at b4b Renewables said: “I am really looking forward to this exciting step in my career, moving further into an industry with huge growth potential like renewable energy. I am driven by purpose and was drawn to the work that b4b Renewables are doing in helping local businesses save money on their energy costs whilst reducing their CO2 emissions.

“The prospects of the renewable energy industry in Northern Ireland are strong. The past five years have produced multiple economic shocks that have caused energy costs to spike and so we are encouraged to see so many businesses take action to mitigate future risks and make a real difference. The b4b Renewables team is full of expertise and I am delighted to support and lead the team into the next phase of the business.”