Bord Gáis reports €72m profit in 2025 

Energy provider said a growing customer base helped deliver a 'disciplined operational performance'
Bord Gáis reports €72m profit in 2025 

Its full-year profit of €72.5m in 2025 was down slightly on the previous year's €75m.

A growing customer base and further investment in renewables saw energy giant Bord Gáis report a full-year profit of over €72m in 2025. 

Releasing its annual results for last year, the company welcomed a "disciplined operational performance," with its adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) remaining unchanged from the previous year at over €90m.

Its full-year profit of €72.5m in 2025 was down slightly on the previous year's €75m.

Bord Gás said it has a total of 1GW of energy generation in operation and development, with two 100 MW flexible gas peaking plants in Athlone and Dublin that will be commissioned in the coming months, as well as a third 334 MW Open Cycle Gas Turbine project in Galway in planning. 

It also noted that a synchronous condenser is being developed at Bord Gáis Energy’s Whitegate Energy Park in Cork.

Bord Gáis' parent company Centrica said Whitegate power station performed in line with expectations, generating 2.1TWh in the year, based on availability of 90%.

The company also reported good customer growth in what it called a highly competitive market, demonstrating a "strong trajectory towards growth and profitability."

It also said it "materially expanded" its suite of net-zero-aligned services and commercial offerings, with the acquisition of Swyft Energy in January last year broadening the company’s ability to deliver solar PV solutions. It also said a series of long-term power purchase agreements were secured with several renewable developers, adding more than 629 MW of contracted renewable capacity.

“Our 2025 results reflect disciplined operational performance alongside accelerated delivery of our infrastructure programme and net-zero growth strategy," said Dave Kirwan, Chairman of Bord Gáis Energy and Managing Director of Centrica Power.

"Through our investment in energy infrastructure, we are enhancing system reliability and enabling renewable integration at scale. We remain focused on delivering value for our customers, supporting Ireland’s energy transition and contributing to a secure and sustainable energy future.”

Meanwhile, parent company Centrica said it will pause its share buyback programme after the group's core profit dropped by nearly 39%.

The company reported an adjusted (Ebitda) of £1.42bn (€1.63bn) for 2025, ahead of the £1.29bn (€1.48bn) expected by analysts.

x

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited