Bord Gáis owner Centrica posted record high annual profits amid an ongoing energy crisis

The British energy giant, which also owns Whitegate power station in Cork, posted earnings of €3.7bn for 2022.

Bord Gáis Energy adjusted operating profit increased by 11% to £31m, reflecting good wholesale trading performance and strong availability from the Whitegate.

Centrica, which owns Bord Gáis and the Whitegate power station, posted record high annual profits amid an ongoing energy crisis which have led to soaring consumer bills.

The energy giant, which also owns British Gas in Britain and has over 525,000 Bord Gáis customers in the Republic, said earnings tripled to £3.3bn (€3.7bn), up from £948m in the previous year.