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18/08/2017

Chief Executive Of Eirgrid To Step Down

The Chief Executive of Eirgrid is to step down at the end of this year to join National Grid UK.

In his new role, Mr Fintan Slye will run the firms UK gas and electricity System Operator business.

Chairman of the Board of Eirgrid John O'Connor said: "On behalf of the board I would like to thank Fintan for his leadership and commitment to the success of the EirGrid Group. He has a deep knowledge of the electricity industry and led a process of significant change within the company which included a programme on integrating renewables onto the Irish electricity grid known as DS3. This resulted in wind generated electricity reaching a peak of 78% of total demand at times in 2016. He also led a new approach on developing the grid in Ireland with particular emphasis on improved public consultation. Fintan has also built our partnerships with other countries, including the successful operation of the East West Interconnector and the development of the proposed Celtic Interconnector project which would link the electricity transmission grids of France and Ireland with an undersea cable. He leaves the company in a strong position to continue to serve the needs of communities and businesses across the Ireland."

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Mr Slye said: "I would like to thank the EirGrid Board and the Department of Communications, Climate Action and the Environment for their support in this important period of transformation for the electricity sector. I am confident that the company will continue to deliver on its responsibilities into the future and find innovative solutions to meet the challenges of climate change and sustainable economic growth. I am proud to have worked with colleagues and staff who are so committed to the work that they do on serving the needs of all electricity users."

(CD/LM)

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