Current Investments
Yuno Energy
Yuno Energy Group is the holding company behind energy supply brands Yuno Energy and PrepayPower. The group supplies energy to many of Ireland’s leading businesses and to over 220,000 residential customers.
Fastnet Capital invested in PrepayPower in November 2011, when it was at the start-up stage, having just launched its offering to consumers. Following a period of test-and-learn, the business kicked into a rapid growth phase in early 2012. Significant shareholder backing facilitated its creation of the PAYG energy market in Ireland.
The business generates strong profits, has a turnover of over €400m and employs 500 people from its offices in Dublin.
Dídean
Dídean was formed in 2019 to help end Direct Provision for asylum seekers in Ireland and replace it with a social-care led, high- quality, own-door accommodation service which fostered independence and integration with communities. It believes the best way to effect this change was to develop a best-in-class service that others could follow, using tried and tested models from the social care sector.
Fastnet Capital backed Dídean in 2022, assisting it in securing extra homes and working capital.
SWS Forestry
SWS Forestry was established in 1986 and has grown to be one of Ireland’s leading forestry service companies. It provides the full suite of services necessary for responsible forestry management, including ecological assessments, afforestation, forest management, thinning and harvesting. It has a national footprint and manages over 90,000 acres of forest for private landowners and investors.