H1 2018 Highlights
8
ESB Overview
ESB
Regulated Networks
ESB
Networks
NIE
Networks
ESB
Networks
Generation
Customer
Solutions
Financial
Generation
ES3
Customer Solutions
Electric
ESB
Ireland
Energy
Generation &
Trading
Established 1927, Leading Irish Utility, 95% Government-owned. Markets Ireland & UK
Owner of the Regulated Republic of Ireland transmission & distribution networks (2017 RAB €7.7bn)
Owner of the Regulated Northern Ireland transmission & distribution networks (2017 RAB €1.7bn)
Portfolio 5.8 GW. Irish¹ capacity 4.4 GW and 42% market share in H1 2018. GB capacity 1.4 GW
● Diversified fuel mix. Benefits from capacity and regulatory supports
Customer facing businesses including supply of electricity, gas and smart energy services in Ireland and UK
33% Irish¹ electricity supply market share in 2017 and 1.4 million customers accounts
Regulated Networks Businesses account for over two thirds of EBITDA, capex and assets
Solid EBITDA €620m for H1 2018 (2017 €1.28bn), Assets €12.2bn, Gearing 53%
Strong liquidity position and credit ratings A- and A3
Energy for
generations
1 Irish = Republic of Ireland and Northern Ireland
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