Bord Gáis sale unlikely before 2014

Following the withdrawal of one of the three bidders from the sales process, it now looks unlikely that Bord Gáis’s retail and power generation division will be sold before 2014.

Minister for Public Expenditure and Reform Brendan Howlin refused to comment on whether or not Bord Gáis would be sold before 2014. A spokesperson for Mr Howlin’s department said, “It would be inappropriate to comment on that sale as it was an ongoing process.”

Six days ago, following the sale of the National Lottery for €405m, Mr Howlin had restated that Bord Gáis would be sold before the end of the year.