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How €1 billion is being invested into Ireland's energy infrastructure

An investment in Ireland’s energy future at scale.

€1 BILLION IS being invested into Ireland’s energy infrastructure by Bord Gáis Energy. The crucial move comes during a time where the company is also marking 50 years of powering Irish homes, businesses and communities.

As the climate emergency continues, the company says decarbonisation must be delivered without compromising security of supply or affordability.

Now, Bord Gáis Energy is transforming their business to meet that challenge.

Denis O’Sullivan, Director of Development at Bord Gáis Energy says Irish households, businesses and regional economies depend on reliable, cost-effective energy but it “must be built on a more resilient system.

As the energy transition is accelerating, our ambition is growing with it.

Denis O’Sullivan Denis O'Sullivan, Director of Development at Bord Gáis Energy Naoise Culhane Naoise Culhane

With the backing of Centrica plc, Bord Gáis Energy is investing €1 billion over five years – until 2029 – in infrastructure, innovation and customer solutions. They say this demonstrates an investment in Ireland’s energy future at scale.

This will support job creation, enable regional development and strengthen the resilience of Ireland’s energy system.

This means keeping renewables at the core, supported by flexible generation, storage and transitional solutions.

In response to clear system needs identified by EirGrid, new gas peaking plants in
Dublin and Athlone are progressing, alongside the Cashla Peaker Plant in planning in County Galway.

These assets are essential to keeping the system running, while also supporting new housing delivery and industrial growth. 

By 2028, Bord Gáis Energy will more than double its renewable output, delivering close to 1TWh of clean electricity annually, enough to power around 250,000 homes through Irish wind and solar developers.

The groundwork for future technologies is also being laid, including large-scale green hydrogen storage through strategic infrastructure such as the Kestrel Project, which seeks to repurpose the Kinsale gas fields into long-duration energy storage.

Denis O’Sullivan, Director of Development said: “As Bord Gáis Energy marks its 50th anniversary, one message is clear: the energy transition is accelerating, and our ambition is growing with it.”

O’Sullivan added that what has been delivered to date is only part of the story.

“With a strong pipeline of investment, new technologies and customer‑focused solutions, Bord Gáis Energy will continue to play a central role in supporting households, businesses and communities through the transition.”

“Working alongside policymakers and partners, we believe Ireland can build an energy system that is secure, competitive and genuinely sustainable, energising a greener, fairer future for generations to come.”

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