Final day for Bord Gáis unit bids

Today is the last day that companies can submit bids to buy the retail and power generation unit of the semi-State gas company Bord Gáis.

Final day for Bord Gáis unit bids

It is understood that there are a number of interested parties looking to bid for the company, which will be sold by the end of the year.

A spokesperson for NewERA, the Government body set up to oversee the sale of State assets, said it could not comment on the sale. “As announced by Bord Gáis Éireann on 3 May 2013, the sale process for Bord Gáis Energy has commenced and, subject to market conditions, it is expected that the sale will be concluded by the end of 2013. Due to the commercially sensitive nature of this matter, no further comment will be provided on the sale process at this time,” NewERA said.

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