North’s Phoenix eyes up Bord Gáis assets

NORTHERN Ireland’s main gas supplier is eyeing up Bord Gáis assets earmarked for sale.

Phoenix’s parent company Terra Firma said it will seriously consider bidding for the semi-state’s supply or energy businesses if it is broken up.

The Government is examining options for a sell-off of state assets drawn up by economist Colm McCarthy to pay for the banking crisis and borrowing.