Company structure

Mutual Energy Limited is a private company limited by guarantee, registered in Northern Ireland under the Companies (Northern Ireland) Order 1986. It was formed on 31 January 2005 with the objective of owning and operating energy infrastructure in the island of Ireland for the long-term benefit of the energy consumers of Northern Ireland. The present principal activities of the company and its subsidiaries are the ownership and operation of Northern Ireland’s energy links with Great Britain.

Mutual Energy is the ultimate holding company of the group of companies which owns the Scotland to Northern Ireland Pipeline (“SNIP”) and Belfast Gas Transmission Pipeline System (“BGTP”). Mutual Energy owns the whole issued share capital of Northern Ireland Gas Transmission Holdings Limited (“NIGTH”), which in turn owns the whole issued share capital of Premier Transmission Holdings Limited (“PTH”) and Belfast Gas Transmission Holdings (BGTH). These companies own the whole issued share capital of Premier Transmission Financing plc (“PTF”) and Belfast Gas Transmission Financing (“BGTF”) which are the owners of the whole issued share capital of Premier Transmission Limited (“PTL”) and Belfast Gas Transmission Limited (“BGTL”). PTF and BGTF are the vehicles which, through the issue of bonds, financed the acquisition of PTL and BGT, the company which owns the SNIP and BGTP infrastructure assets.

Mutual Energy also is the direct holding company of the Moyle group of companies. Mutual Energy is the sole owner of Moyle Holdings Limited (“MHL”), which owns the whole issued share capital of Moyle Interconnector (Financing) plc (“MIF”). MIF is the vehicle which, through the issue of bonds, financed the acquisition of Moyle Interconnector Limited (“MIL”). MIL owns the Moyle Interconnector infrastructure assets.

A joint services company, Interconnector Services (NI) Limited (“ISL”), has been incorporated as a wholly owned subsidiary of Mutual Energy. This company provides joint management and other services to both the Moyle group of companies and also to the PTL group of companies in a more cost efficient manner than either of the two groups could have sourced those services independently;

Mutual Energy’s wholly owned subsidiary, Moyle Energy Investments Limited is intended to be the vehicle for acquiring and holding other energy assets and investments.

Mutual Energy Structure

1.Mutual Energy Limited
Mutual Energy, previously known as Northern Ireland Energy Holdings was incorporated in Northern Ireland on 31 January 2005 as a private company limited by guarantee. It owns the entire issued share capital of NIGTH. The directors of Mutual Energy are Regina Finn, Chris Murray Paddy Larkin, Kate Mingay, Gerard McIlroy, Stephen Kirkpatrick and Clarke Black.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI053759

2. NI Gas Transmission Holdings Limited (“NIGTH”)
NIGTH was incorporated in Northern Ireland on 1 February 2005 as a private limited company. It owns the entire issued share capital of PTH. The directors of NIGTH are Gerard McIlroy, and Paddy Larkin.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI053763

3. Premier Transmission Holdings Limited (“PTH”)
PTH was incorporated in Northern Ireland on 31 January 2005 as a private limited company. It owns the entire issued share capital of PTF. The directors of PTH are Paddy Larkin and Gerard McIlroy.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI053757

4. Premier Transmission Financing plc (“PTF”)
PTF was incorporated in Northern Ireland on 28 January 2005 as a public limited company for the principal purposes of acquiring the entire issued share capital of PTL and issuing the bonds by which it is financed. It owns the entire issued share capital of PTL. The directors of PTF are Gerard McIlroy and Paddy Larkin.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI053751

5. Premier Transmission Limited (“PTL”)
PTL was incorporated in Northern Ireland on 9 March 1992 as a private limited company. Its principal purpose is to finance, operate and maintain the SNIP, the natural gas pipe-line between Northern Ireland and Scotland. The directors of PTL are Regina Finn, Chris Murray Paddy Larkin, Kate Mingay, Gerard McIlroy, Stephen Kirkpatrick and Clarke Black.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI026421

6. Belfast Gas Transmission Holdings Limited (“BGTH”)
BGTH was incorporated in Northern Ireland on 9 January 2008 as a private limited company. It owns the entire issued share capital of BGTH. The directors of BGTH are Gerard McIlroy and Paddy Larkin.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI067681

7. Belfast Gas Transmission Financing plc (“BGTF”)
BGTF was incorporated in Northern Ireland on 29 November 2007 as a public limited company for the principal purposes of acquiring the entire issued share capital of BGTL and issuing the bonds by which it is financed. It owns the entire issued share capital of BGTL. The directors of BGTL are Gerard McIlroy and Paddy Larkin.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI067348

8. Belfast Gas Transmission Limited (“BGTL”)
BGTL was incorporated in Northern Ireland on 9 March 1992 as a private limited company for the sole purpose of entering into transactions and arrangements related to the Belfast Gas Transmission pipeline which transports the gas landed in Northern Ireland at Ballumford through to Belfast. The directors of BGTL are Regina Finn, Chris Murray, Paddy Larkin, Kate Mingay, Gerard McIlroy, Stephen Kirkpatrick and Clarke Black.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI026420

9. Moyle Holdings Limited (“MHL”)
MHL was incorporated in Northern Ireland on 8th March 2003 as a private company limited by guarantee. It owns the entire issued share capital of MIF. The directors of MHL are Gerard McIlroy and Paddy Larkin.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI045738

10. Moyle Interconnector (Financing) plc (“MIF”)
MIF was incorporated in Northern Ireland on 3rd March 2003 as a public limited company for the principal purposes of acquiring the entire issued share capital of MIL and issuing the bonds by which it is financed. It owns the entire issued share capital of MIL. The directors of MIF are Gerard McIlroy and Paddy Larkin.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI045625

11. Moyle Interconnector Limited (“MIL”)
MIL was incorporated in Northern Ireland on 8th July 1999 as a private limited company for the sole purpose of entering into transactions and arrangements related to the Moyle Interconnector which links the electricity transmission system of Northern Ireland to that of Scotland. The directors of MIL are Regina Finn, Chris Murray, Paddy Larkin, Kate Mingay, Gerard McIlroy, Stephen Kirkpatrick and Clarke Black.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI036562

12. Interconnector Services (NI) Limited (“ISL”)
ISL was incorporated in Northern Ireland on 15th February 2006 as a private limited company. The directors of ISL are Gerard McIlroy and Paddy Larkin.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI058161

13. Moyle Energy Investments Limited (“MEIL”)
MEIL was incorporated in Northern Ireland on 20th September 2005 as a private limited company. The directors of MEIL are Paddy Larkin and Gerard McIlroy.
Registered Office: First Floor, the Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI056562

14. Northern Ireland Energy Holdings Limited (“NIEH”)
NIEH was incorporated in Northern Ireland on 17th July 2009 as a private limited company. The directors of NIEH are Paddy Larkin and Gerard McIlroy.
Registered Office: First Floor, The Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Registered Number: NI073229

Bookmark the permalink.