Energia sale moves closer

News Snapshot:

Energia is set to be put up for sale for close to €3 billion. Photograph: Barry Cronin/Bloomberg New York-based investment firm I Squared Capital has hired investment bankers from Morgan Stanley and Barclays to sell Irish electricity and gas utility Energia for about €2.75 billion, eight years after it bought the business, Joe Brennan reports. A sale is expected to launch in the coming months. The DAA could rent an unused car park near Dublin Airport to ease its summer parking problems without triggering any competition issues, after regulators killed its attempt to buy the car park outright. Barry J...