NTR is planning to construct, commission and operate a minimum of 18 250 kilowatt wind farm projects across Northern Ireland within the next 12 months.

NTR has come under increasing pressure to sell its US-based wind farm assets and cease plans for its €50m European wind investment initiative.

Exit pay costs for its departing CEO and finance director pushed total directors’ remuneration at Dublin-based utility group, NTR up by over 60% last year to more than €4m.

Irish renewable energy investor and asset management group NTR witnessed a dramatic upturn in its financial performance last year having increased profits by €47.5m.

Irish renewable energy investment group NTR has sold a windfarm in Oklahoma for $60m (€43m) before the wind turbines even started turning.

NTR has reported a more than 300% increase in earnings generated from continuing operations as a result of a new wind farm coming on stream and a further reduction in costs.

Investment group NTR has reported a loss before tax from continuing operations of nearly €50m, actually increasing by €5m on the reported losses before tax last year.

John Dunne, chief executive of the Chambers of Commerce of Ireland (CCI), talks to David Clerkin.