Iberdola also plans to invest over €100 million in battery storage and renewable energy projects in the country by 2025.

Scottish Power, Iberdrola’s neighbouring utility investment, operates six onshore wind UK storage fund buys £77 million majority in Irish, Northern Irish projects arms, and has transitioned to renewable energy with a total capacity just shy of 60MW in Scotland.

Colin McNeill, CEO of Retail for ScottishPower and Iberdrola Ireland, said: “We provide energy for 100 million people worldwide and we look forward to welcoming many new customers with the launch of Iberdrola Ireland. We’re excited to offer these competitive 100% green electricity tariffs, which will help our customers to reduce their carbon emissions.”