Eirgrid weighs up selling its Northern Ireland business

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Eirgrid's move to 'demerge' its Northern Ireland arm comes after a regulator found the company may have overcharged some of its customers.

Eirgrid, the national grid operator, is exploring a number of options for the future of its subsidiary transmission business in Northern Ireland, including a possible sale, the Business Post has learned.

The semi-state agency has issued a €3 million tender in recent days. It is seeking to appoint a business consultancy firm to advise on the “demerger” of Eirgrid and its subsidiary company, the System Operator of Northern Ireland .

 

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