Spanish energy firm Endesa and British power company Scottish & Southern Energy (SSE) have emerged as the lead bidders for Energia, Ireland’s largest independent power company.
Energia, which is part of the Viridian Group, was put on the market earlier this year and is expected to be sold for between €1 billion and €1.5 billion. Endesa and SSE lodged indicative bids for Energia in recent weeks, and have now been shortlisted by Dresdner...
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