Centrica, Brookfield and iCON partner in buy of Irish energy supplier - Reuters
Britain's Centrica (CNA.L) and its consortium partners said on Tuesday they will buy the retail arm and other assets of Ireland's state-owned Bord Gais for 1.1 billion euros (US$1.5 billion), helping the utility expand abroad as it is losing customers at home, reports Reuters. entrica will purchase Bord Gais Energy, Ireland's biggest electricity and gas provider. Its consortium partners iCON Infrastructure Partners and Brookfield Renewable Energy Partners will purchase Bord Gais' distribution and renewable power generation assets, respectively, the companies said. In a separate release, the Toronto-based Brookfield Renewable said the Bord Gais acquisition is its first outside of the Americas and "provides us with a strong foundation to build a scalable renewable energy business in Europe."
