Bord Gáis and Electric Ireland to take over customers as another energy supplier exits Ireland

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Energy supper Iberdrola has announced that intends to end its operations in Ireland, the second such departure from the market this year

Image: Alamy Stock Photo Image: Alamy Stock Photo ENERGY SUPPLIER IBERDROLA has announced that intends to end its operations in Ireland, the second such departure from the market this year.

In a statement, a spokesperson for Iberdrola’s retail business in Ireland said it became “increasingly clear” that dynamics and pricing in Ireland meant it would “not be able to achieve” its aims in Ireland. In a statement, Daragh Cassidy of Bonkers said that “at one stage, there were 14 residential energy suppliers in Ireland, which is a huge number given the small size of the Irish market, so exits and consolidation were always likely”.

 

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