04/03/2010

Fermanagh Renewable Energy Firm Expands

An Enniskillen-based renewable energy firm - which is supported by Invest Northern Ireland - is expanding.

NI Enterprise Minister Arlene Foster has announced a £377,000 investment by Future Renewables, which designs, supplies and installs domestic renewable energy solutions, is one of the first businesses to get support from growth element of the Invest NI Enterprise Development Programme.

Launched last year by Invest NI, the programme provides free advice to established businesses, which have the potential to increase production levels, workforce and sales in export markets.

As a result of the advice received, Future Renewables is now investing in a £377,000 expansion plan that will help the firm to move into the Republic of Ireland and UK markets over the next two years. Invest NI has offered over £35,000, part funded by the European Regional Development Fund, to support the project which will create 10 new jobs.

(NS/GK)

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