Ownership

NRG is a subsidiary of Nephin Energy, Ireland’s largest natural gas production company. Nephin is a Dublin based company, led by a team of experienced Irish executives. Nephin holds a 43.5% interest in the Corrib Gas Field, located 83 kilometres off the northwest coast of Ireland. The gas produced from Corrib is used to power Ireland’s homes and businesses.

Nephin Energy is focused on growing in Ireland, the UK and Europe through investing in assets across the energy spectrum. For more information about Nephin Energy, please visit www.nephinenergy.com

Nephin Energy is backed by the Canada Pension Plan Investment Board (CPPIB), operating as CPP Investments. CPP Investments is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits. CPP Investments has significant investment experience in the energy sector.

Headquartered in Toronto, with offices in London, Luxembourg, New York City, Hong Kong, Mumbai, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from the Canadian government.

At September 30, 2023, the CPP Fund had net assets of CAD$576 billion, with CAD$103 billion being invested in Europe, which represents 18% of CPPIB’s total assets. The Chief Actuary of Canada projects the CPP fund will reach $3.6 trillion by 2050. For more information about CPP Investments, please visit www.cppinvestments.com