Bord Gáis finalises €1.1bn deal to sell energy division to Centrica
UPDATE: Bord Gáis Éireann has entered a definitive agreement to sell Bord Gáis Energy to a consortium comprising Centrica, Brookfield Renewable Energy Partners and iCON Infrastructure.
Bord Gáis Éireann has entered a definitive agreement to sell Bord Gáis Energy to a consortium comprising Centrica, Brookfield Renewable Energy Partners and iCON Infrastructure for €1.1 billion, it said in a statement.
The full terms of the sale have been finalised and transaction documentation signed, it said. The consortium had been selected as preferred bidder on 12 December last.
The sale, which is subject to various conditions to closing including regulatory and ...