Centrica is investing €380m in two new Irish power plantsBord Gáis Energy owner Centrica says it has learned “valuable lessons” in the development of two 100MW power plants it’s building in Ireland at a cost of more than €380m. The plants also assist with the continuing transition to renewable energy, helping to underpin the grid at times when the generation of renewable electricity dips. Capacity contracts guarantee that energy generators receive a minimum amount of money for making power generating capacity available. In Ireland, Bord Gáis Energy generated revenue of £1.02bn (€1.16bn) last year, unchanged over 2024. Those revenues and earnings are generated from across the Bord Gáis Energy operational platform in Ireland,“Our 2025 results reflect disciplined operational performance alongside accelerated delivery of our infrastructure programme and net-zero growth strategy,” said Dave Kirwan, Bord Gáis Energy chairman and managing director of Centrica Power.

Source: Irish Independent February 19, 2026 20:30 UTC