The company saw earnings decline in its customer supply business and gas-fired power plants in north Dublin, but rise slightly in its renewable energy portfolio. While the price was not disclosed, the deal is believed to have put an enterprise value on the business of about €2.5 billion. It is one of the longest-established providers of renewable electricity in Ireland, supplying about 17 per cent of the island of Ireland’s total electricity requirements and 20 per cent of its total wind power. The customer supply business saw earnings fall 28 per cent to €55.5 million amid lower margins. This reflected higher wind output, though it was partly offset by lower energy prices.

Source: The Irish Times December 11, 2025 16:33 UTC