Energy
Bord Gáis Energy reports half year losses of €30 million
The privately owned energy company said the losses reflected “continuing pricing pressure” in the Irish retail energy supply market
Bord Gáis Energy, the privately-owned energy company, recorded an operating loss of €30 million (£27 million) for the first six months of the year – a significant turnaround on the €40 million (£33 million) operating profit it made in the same period last year.
The company, which is owned by British energy giant Centrica plc, said the half year losses reflected “continuing pricing pressure” in the Irish retail supply market, which was only partially offset ...