Type
Business expansion
Country
Ireland
Region
Location of affected unit(s)
Monaghan, other locations
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, Gas, Steam And Air Conditioning Supply

125 jobs
Number of planned job creations
Job creation
Announcement Date
12 February 2024
Employment effect (start)
12 February 2024
Foreseen end date
1 February 2029

Description

Irish renewable energy company, NRG Panel, is to create 125 new jobs in Ireland by 2029.

The Monaghan head-quartered renewables group currently employs 74 people and aims to double its level of business over the next three to five years.

The roles will be based across Ireland and they will be mostly highly skilled, according to NRG Panel.

The company installs solar panels, heat pumps, and electric vehicle chargers alongside other products to reduce carbon emissions. The expansion is supported by private equity firm Melior Equity Partners, which is backed by the European Investment Fund, the Irish Strategic Investment Fund, Bank of Ireland and AIB.


Sources

Citation

Eurofound (2024), NRG Panel, Business expansion in Ireland, factsheet number 200853, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200853.