Ireland Should Sell Energy Assets, Horse Stud, Report Says

Ireland should sell everything from parts of the electricity and gas companies to the state horse-breeding estate to help cut its mounting debt burden, a government-commissioned report said.

The Electricity Supply Board’s energy supply business and Bord Gais’ non-transmission operations should be sold and the government should sell its shares in Aer Lingus Group Plc as “soon as opportune,” according to the report, written by economist Colm McCarthy, who was hired in July by the previous government. The assets recommended for sale have a net value of 5 billion euros ($7.3 billion), the report said.