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Bord Gáis Energy / Swyft Energy

M/24/071

Completed

Transaction details

The proposed acquisition by Bord Gais Energy Limited of sole control of Ardrar Holdings Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:18 November 2024
  • Publication date:18 November 2024
  • Economic sector:Supply of electricity, gas & other - D
  • Economic sub-sector:Energy & air conditioning supply - D.35
  • Outcome:Cleared
Documents
M.24.071 Merger AnnouncementPDF | 252 KB
M.24.071 DeterminationPDF | 354 KB
Timetable

Phase One

  • Monday, 18 November, 2024 Notification received
  • Wednesday, 4 December, 2024 Third party submission deadline
  • Tuesday, 24 December, 2024 Determination issued
Parties Involved

Bord Gáis Energy Limited

Bord Gáis Energy Limited generates, sells and trades energy for use in the State. BGE’s other service offerings are the sale and installation of boilers, servicing and repair of boilers, and the installation of solar photovoltaic (solar PV) systems. The company also provides services relating to heat pumps, smart heating and electric vehicle charging.

 

Ardrar Holdings Limited (Swyft Energy)

Ardrar Holdings Limited is a holding company with sole control of two companies: Ardrar Limited (trading as Swyft Energy) and Ardrar Technology Limited (trading as Pipelyne).

Swyft Energy provides home heating services such as the installation of solar photovoltaic (Solar PV) systems, gas boilers, smart heating controls, EV chargers and other ancillary products.

Ardrar Technology Limited (Pipelyne) owns the customer relationship management software that connects Swyft Energy with its customers and manages the business digitally.

Contacts
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