Dáil Éireann Debate, Tuesday - 17 June 2008
957 Deputy Simon Coveney asked the Minister for Communications, Energy and Natural Resources the amount of public money that has been allocated since 2007 for the development of Bord na Móna’s wind farms in County Mayo and in the midlands as planned for in the national development plan; and if he will make a statement on the matter. [22749/08]
View answer958 Deputy Simon Coveney asked the Minister for Communications, Energy and Natural Resources the amount of public money that has been allocated since 2007 for the development of Bord na Móna’s waste management facility as planned for in the national development plan; and if he will make a statement on the matter. [22750/08]
View answerI propose to take Questions Nos. 957 and 958 together.
Bord na Móna plc is a commercial Semi-State body and is not in receipt of Exchequer funding. All projects being developed by the company, including the waste management facility and wind farms referred to in the National Development Plan, are funded by the company's own resources, either through re-investment of profits or through borrowings.
Individual projects pursued by the company will remain subject to relevant legislative and corporate governance requirements including, as appropriate, my consent and the consent of the Minister for Finance.
Bord na Mona spent €15 million in capital expenditure from its own resources in the development of waste management facilities in 2007.
No capital expenditure has yet been spent on the development of wind farms in Co Mayo and the Midlands.
