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ESB Networks reports a 19% drop in profits but plans substantial future investments in energy infrastructure.
In 2024, ESB Networks reported a 19% drop in profits to €706 million due to stabilizing wholesale energy prices.
The company invested a record €2.2 billion in energy infrastructure and plans to double its investment over the next five years.
Despite the profit decrease, ESB proposed a dividend of €189 million and invested heavily in grid capacity and renewable energy connections.
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Las redes ESB reportan una caída del 19% en los beneficios, pero planean inversiones futuras sustanciales en infraestructura energética.