Ireland ‘losing billions of euro in foreign investment’ due to energy grid constraints - News Summed Up

Ireland ‘losing billions of euro in foreign investment’ due to energy grid constraints


IDA officials have said the level and delivery of energy investment had not been 'providing certainty or confidence to FDI'. Ireland has lost of billions of euro in new jobs projects because global companies cannot access electricity and infrastructure, a top Government adviser has said. Despite such challenges, IDA Ireland went on to deliver record FDI in last year, with 323 new projects linked to more than 15,000 jobs. Asked about board papers, the agency acknowledged Ireland “must accelerate” infrastructure delivery, but said Government plans for a multibillion euro energy investment had improved the outlook. “In fact, people were discouraged to talk about it because you were seen to be negative about Ireland, talking down Ireland and talking down our FDI opportunities.


Source: The Irish Times January 16, 2026 07:16 UTC



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