Article

SSE Generation Ireland Ltd has received €39.5 million in insurance payments over two years following incidents at its power stations in Tarbert and Great Island. For the fiscal year ending March 2025, the company reported a significant profit decline to €52.27 million, driven by a 54% drop in revenue to €346.13 million, primarily due to reduced income from hedging activities and lower spark prices. Additionally, the company's workforce decreased from 91 to 85, with a corresponding reduction in staff costs.