independent

Saturday 19 April 2014

Bord Gais to be rebranded Gas Networks Ireland

Centrica is part of a consortium which has reached a deal to buy a division of Bord Gais.
Centrica is part of a consortium which has reached a deal to buy a division of Bord Gais.

THE Government has approved a change of name for Bord Gáis Eireann and Bord Gais Networks to reflect the new mandate for the company.

Bord Gais Energy is being sold off to a consortium headed up by British Gas owner Centrica for over €1bn.

Once the sale of its energy business is complete, Bord Gáis Eireann will be responsible for all gas networks and water and waste water infrastructure in the country.

It is expected that the sale of Bord Gáis Energy, including the “Bord Gáis” brand, will be completed in 2014.

Following that, the strategic gas networks business will be re-branded as “Gas Networks Ireland” alongside the established Irish Water business in a group company under the new corporate name of Ervia.

This name has been chosen by the company to reflect its role as the parent of two significant Irish infrastructure and services businesses.

It is intended that legislative provision will be made in the coming months to underpin the change of the Bord Gáis Éireann name.

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