Net financial gain to taxpayers from the sale of Bord Gáis Energy will not be €1 billion, or anything like it.

The State, says Bord Gáis’s well-regarded chief executive Michael McNicholas, will eventually pocket about €1 billion from the sale proceeds of its en(...)

Bord Gáis’s profits before tax rose by 43 per cent to €159 million last year.

The Bord Gáis group boosted its profits last year by 44 per cent to €171 million, but the gain was wiped out by a €300 million writedown of its asset(...)

Centrica led a consortium that has agreed to pay a total of €1.1 billion for Bord Gáis Energy, including €700 million from Brookfield for its wind business, and €200 million from Icon Infrastructure for its Firmus unit in the North

Bord Gáis has blamed the decision to sell its four-year-old Whitegate power plant to Centrica for a fraction of the €400(...)

Minister for Communication, Energy and Natural Resources, Pat Rabbitte always appeared to be a reluctant seller of Bord Gáis Energy. Photograph: Dara Mac Dónaill/The Irish Times

The Government, and in particular the energy minister Pat Rabbitte, always appeared to be a reluctant seller of Bord Gáis Energy (BGE), for whi(...)

John Mullins fomer CEO Bord Gáis with then minister Micheál Martin at Whitegate, Co Cork, power plant opening in 2010.

Centrica yesterday signed a deal to buy the customer base of Bord Gáis and the Whitegate power station from the State for a total of €210 million, (...)

Handout photo  issued by Shannon Coast Guard Rescue of the Abuk Lion (left) under tow by the tug boat Celtic Isle off Kinsale Head yesterday. Photograph: Shannon Coast Guard Rescue

From Barry Roche,Southern Correspondent, Cork 31 Dec 2013The crew of a stricken bulk freighter are this afternoon recovering ashore in Cork after spen(...)

Barring last-minute surprises, the British utility will take over Bord Gáis Energy early next year

Talks on the sale of Bord Gáis Energy re-started in earnest early this week when advisers to both the company and its owner, the State, sat down with (...)

Dominick Geraghty, Carnaross, Kells, Co Meath,with his dog Edward on his way down the mountain during his pilgrimage to Croagh Patrick. Photograph: Michael McLaughlin

Benedict Donnelly wore short pants, a shirt and a tie when he first climbed the Reek as a small boy, and his best Sunday shoes were almost worn throug(...)

Women take part in the “Dip In The Nip” fundraiser in aid of the Mercy University Hospital Foundation and cancer services at Pillmore beach in Youghal, Co Cork, yesterday. It was one of several similar events held over the weekend. Photograph: Diane Cusack

The RNLI lifeboat station on the river Shannon’s Lough Derg has urged water users to check local weather forecasts, following two alerts within 24 hou(...)

Michéal Martin: “Whitegate provides one-third of all our transportation fuel and is a long-term principal supplier to the National Oil Reserves Agency. The threat to its future has serious implications for Ireland’s energy supply and consequently for our economy.”
he said.
 Photograph: Eric Luke

Fianna Fáil leader Micheál Martin yesterday warned the proposed sale of Ireland’s only oil refinery at Whitegate in Cork Harbour could have serious im(...)