Bloomberg News

Ireland May Okay Bord Gais Unit-Sale Plan This Month, Post Says

April 01, 2012

Ireland’s government may approve plans to sell the energy unit of Bord Gais Eireann, the state- owned gas company, before the country’s bailout partners start their next Irish review this month, the Sunday Business Post reported, without saying where it got the information.

Government ministers may also allow Bord Gais’s networks unit, which the state plans to retain, to run a to-be- established Irish Water company that will be responsible for the nation’s water services, according to the newspaper.

Ireland has committed to introducing water charges by 2014.

To contact the reporter on this story: Joe Brennan in Dublin at jbrennan29@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus