Dail mail Wednesday19 Dec 2018 00:04
CITY & FINANCE
¦ GAS storage business Infrastrata was on the rise as it applied for permission to develop more underground caves in Northern Ireland.
This would allow it to develop an extra 15 storage caves, on top of the eight planned.
Founded in 2007, Infrastrata believes its gas caves will be popular with energy firms, since they should help to even out gas prices when events such as cold snaps cause a spike in demand.
Shares climbed by 6.4pc, or 0.06p, to 0.92p.