Viridian

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Pat Rabbitte was at pains to emphasise that the process had been exhaustive with ‘significant international interest’

It is back to square one for the Government, in its attempt to sell off Bord Gáis Energy (BGE) for a “fair value”. The problem is nobody except the St(...)

The Department of Energy said ‘all options’, including a flotation, a renewed sale or a break-up of Bord Gáis, were back on the table.

The Government has been told by the European Commission that it has until April to either sell Bord Gáis Energy (BGE), the company’s retail arm, or hi(...)

Minister Rabbitte said the current conditions in the power and commodity markets were not favourable.

The Government has deferred the sale of Bord Gáis’s retail and energy arm after the three bids received for the business fell short of the asking pric(...)

Three bids, each in the region of €1 billion, were submitted yesterday for Bord Gáis Energy, it is understood. The deadline for fresh bids in the reop(...)

Bord Gáis has asked Blackstone, British utility Centrica and Viridian – owner of local rival Energia – to submit final bids for its energy division

State-owned energy group Bord Gáis is seeking final bids from three potential suitors for its retail division by November 25th with a view to choosing(...)

Tánaiste Eamon Gilmore during an investment announcement of 100 new jobs at Indeed.com  in Dublin, yesterday. Photograph: Gareth Chaney/Collins

Plans for more than 200 new jobs were announced yesterday with a new entrant in the domestic gas and electricity market creating 100 jobs, while a glo(...)

Energia has said it will discount the price of gas and electricity for Irish consumers. Photograph: Bryan O’Brien/The Irish Times

The domestic gas and electricity market is set for a shake-up early next year when a new player starts offering what it promise will be “significantly(...)

Fazlur Rahman Zainuddin, chief financial officer at Tenaga Nasional, said yesterday the company would not be bidding for a unit of  Bord Gais, as it focuses on building power plants at home. Photograph: Sanjit Das/Bloomberg

Tenaga Nasional, Malaysia’s biggest energy producer, has scrapped a bid for a unit of Bord Gais, narrowing the field to two suitors. Bord Gais’s reta(...)

Gary Ryan, retail director, Energia and Pat Kenny. Newstalk has announced that Energia is to sponsor the Pat Kenny Show, which starts next Monday on Newstalk. Photograph: Jason Clarke Photography

Newstalk’s €1 million advertising campaign for The Pat Kenny Show may be imploring RTÉ listeners to “move the dial” in its direction, but the show’s s(...)

Viridian subsidiary  Energia will launch a domestic service in the Republic offering lower electricity and natural gas prices to householders.

Energy group Viridian plans to enter the Republic’s domestic market in the autumn, raising the prospect of increased competition and lower electricity(...)

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