Energia quarterly earnings rise 28% as US owner advances sale plan
US investment firm I Squared Capital hired investment bankers to prepare the company for sale
US investment firm I Squared Capital hired investment bankers to prepare the company for sale
Energy transition `represents a huge opportunity for us’, claims Energia boss
Earnings rose to €375m for the financial year to the end of March from €267m for the previous 12 months
I Squared Capital seeking to offload Irish utility eight years after purchase
Group could fetch as much as €2.75bn if possible sale takes place
Second cut in six months follows period of sustained increases and reflect significant fall in the price of energy on wholesale markets
Contract to build temporary generator boosts Energia subsidiary profits
Electric Ireland has made a further price cut, with other providers expected to follow suit. But the market is volatile and prices are still high compared to 2021
Almost all households will see cuts of between 10 and 30 per cent over coming days as suppliers start competing for business
Risk of amber warnings ‘most likely during the coming winter peak hours and at times of low wind and low interconnector imports’, says EirGrid
Move will save dual fuel customers an average of €435 annually, according to company
Price decreases of between 10 and 20% announced this month not enough, Varadkar says
Move will save domestic duel fuel customers in excess of €400 over 12 months
Company says it plans to reduce home energy prices from October in move that could see households save hundreds of euro
Projects will have the potential to deliver up to 1.8 GW of new capacity by 2030 if they go ahead
Suppliers tied to expensive hedging deals struck during crisis
Complaints about companies’s advertisements have been upheld by Advertising Standards Authority of Ireland
URC: Leinster increase Aviva capacity to 27,000 in anticipation of an epic semi-final showdown with Munster
Consumers and businesses wearying of arguments around hedging and losses incurred on residential business six months after prices start to fall
Seachtain na Gaeilge: Details of Ireland’s largest language festival released
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Connective wants the court to determine the meaning of a share purchase agreement entered into in May 2018
CRU analysis says customer could have saved average of €581 a year by opting for best electricity rate, and €316 a year on gas
Suppliers not ruling out further increases as longer-term price outlook shows gas will cost them even more in winter 2023
ESB subsidiary gained most customers from June’s record switching as two of the big four suppliers suffer net loss of customers
EU-approved system allows companies to count power generated and used outside Ireland in disclosures to customers
Imported green certs account for high proportion of renewable fuel
Consumer stories of anger and frustration, plus a rare letter of praise
Reader: ‘These price rises are completely unjustifiable and quite disgraceful’
Consumers face rapidly rising bills but there are payment options and reassurance on the threat disconnection
Housing not the biggest budget issue for first time in number of years
Dire warnings will increase pressure on Government to support households with a massive budgetary intervention of one-off measures
Price projections ‘off the Richter scale’ with estimate of average annual household bill rising from €2,000 last year to €6,000 next year
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