Bord Gáis Energy has reported a profit of €39 million for the first half of the year.
The company said this reflects a good performance across its retail, trading and asset portfolios.
During the six month period, the provider increased its customer base by 3%.
It said ongoing investment in customer service was a key focus for the company, and has resulted in improved customer satisfaction.
“We remain focused on creating value through our integrated model – supporting customers, investing in energy security, and driving decarbonisation,” said Dave Kirwan, Managing Director of Bord Gáis Energy.
“Our parent company Centrica’s capital investment is enabling us to power Ireland’s economic growth and green transition.
“This will play an important role in delivering a green, secure and competitive energy sector for Ireland,” he added.
The company said its €1 billion investment in Ireland’s energy infrastructure is “progressing at pace”.
It’s developing two hydrogen-capable 100MW gas peaking plants in Athlone and Dublin and a 334MW Open Cycle Gas Turbine project in Galway.
In January, it completed the acquisition of Swyft Energy, enhancing its solar PV capabilities for residential, business, and farming customers.
Meanwhile, in July the company announced multiple power purchase agreements with renewable developers, adding over 629MW of capacity.
Last year, Bord Gáis Energy reported a full year operating profit of €75 million.
