Irish grid operator said drop was down to regulatory timing differences and higher operating costs

Energy Capital Partners’ Fund V will continue strategy of backing companies in power generation, renewables and storage

Result due to lower vessel utilisation in the period with three out of four undergoing scheduled maintenance

Revenues rise to €110m thanks to company’s asset rotation strategy

Transmission grid owner will invest at least £30bn in the UK to March 2029 and is planning a £7bn equity raise

The fund targets onshore wind, solar and small-scale hydropower projects