LONDON, March 25 British utility Centrica
has agreed to buy the gas and electricity supply arm and
a gas-fired power plant from Ireland's state-owned Bord Gais
Eireann for 1.1 billion euros ($1.52 billion).
Centrica's partners iCON Infrastructure Partners and
Brookfield Renewable Energy Partners will purchase Bord Gais'
distribution and renewable power generation assets,
respectively, the companies said.
The transaction is expected to close in the first half of
The Irish state had put the Bord Gais assets up for sale as
part of its privatisation programme.
($1 = 0.7255 Euros)
(Reporting by Karolin Schaps; editing by Keith Weir)