Northern Ireland

Ballylumford power station makes £45m profits

Ballylumford Power Station
Image caption Ballylumford power station was bought by US-based AES Corporation last year

The company which owns Ballylumford power station in County Antrim has announced pre-tax profits of £45m for 2010.

The details are contained in the 2010 accounts of AES Ballylumford.

The power station was bought by US-based AES Corporation last year, having previously been owned by Premier Power.

In September, its sister company AES (NI), which owns Kilroot power station, announced annual profits of £50m.

AES is the largest energy producer in Northern Ireland, with around 15% of the market.

The Ballylumford business turned over £183m in 2010 up from £166m in 2009. Profits in 2009 were £43m.

The company employs 171 people and pays total salaries of more than £10m.