Bord Gáis Energy announces Management Team expansion
Bord Gáis Energy’s Executive Team was in Cork to announce details of how it is priming itself to lead the energy transition in Ireland. The Executive Team has been restructured and Cork will be the base of the newly decoupled Assets and Trading functions. John Dalton, former CFO, is assuming the new Director of Trading role, and Dennis O’Sullivan, Networks Managing Director and Chief Operating Officer at Ervia will soon start as Assets Director. Backed by the Centrica Board to deploy Centrica’s balance sheet strength, Bord Gáis Energy has secured over €300m of investment capital since the start of this year, with further significant investment planned. The company has increased its workforce by 15% in the last 3 years, from 360 to 420, and has significant workforce growth planned over the coming years.
Dave Kirwan, MD, Bord Gáis Energy said: “I believe that there is huge opportunity in the Irish market and that Bord Gáis Energy can lead the energy transition in Ireland. We have the investment and backing of Centrica’s board and balance sheet. Today’s announcement ensures our team can deliver on our ambitions: we will evolve our energy offerings in residential and commercial segments. We will bring to market new net zero propositions from our services and solutions division. We will invest in upstream opportunities to enable the transition of Ireland’s energy system to net zero. We will increase the proportion of energy we source from renewable sources of generation. We are on the journey to net-zero and Bord Gáis Energy is determined to lead the way.”
Denis O’Sullivan was Networks Managing Director and Chief Operating Officer at Ervia. During his time in Ervia, Denis oversaw the development of a decarbonisation strategy and expansion of the gas network including the introduction of biomethane and the establishment of CNG refuelling network. Prior to Gas Networks Ireland, Denis worked for 15 years in the Wind Energy and Waste to Energy sectors, including leading the delivery of Bord Gáis Energy’s windfarm portfolio prior to its sale in 2014. Denis has extensive experience in energy policy and regulation at the national and EU level and is co-chair of Business in the Community Ireland low carbon pledge.
John Dalton has worked with Centrica since 2012, transferring to Bord Gáis Energy in 2014 and joining the Executive Team in 2017. As CFO, John has played a leading role in guiding the business to define and deliver on its strategy to date. This extensive experience, coupled with his commercial knowledge, will be used to grow the Trading business in Ireland as Bord Gáis Energy transitions to net zero.