Bord Gáis Energy first state asset on the market

It is hoped that the sale of Bord Gáis Energy will net the state up to €1.5 billion, writes Samantha McCaughren.

18th May, 2013
Bord Gáis headquarters in Dublin: between eight and ten parties have expressed interest in its sale. Photo: Photocall

The long-awaited sell-off of Irish state assets finally started this month, with Bord Gáis Energy (BGE) becoming the first asset to go on the block. There is interest from several international utility players in the business but, as with any big ticket sale, it's all about price.

The state is obviously under pressure to maximise the cash it gets in the deal. But buyers will be slow to pay over the odds for...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 6 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 6 years ago