Episode Details

NIE Networks, Northern Irelands electricity grid operator, experienced a significant drop in profits last year, primarily due to Storm Éowyn and rising industry costs. The storm caused widespread power outages, leading to substantial repair costs. Despite the profit dip, the company invested heavily in grid upgrades and workforce expansion. Parent company ESB also saw a decline in profits, but NIE Networks assets remain robust at three billion euros. The focus now is on long-term reliability and weathering tougher conditions.

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