The coalition is effectively shelving the sale of the energy side of the Bord Gais business.
The Energy Minister announced this morning that the plan to sell-off the asset this year wouldn’t go ahead because the price offered by all the bidders was too low.
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The proceeds of the sale – demanded by the Troika – was to go towards job creation.
Minister Pat Rabbitte says he still hopes to sell when the price is right, but that’s not now:
