Mary Lou McDonald
Question:106. Deputy Mary Lou McDonald asked the Minister for Finance if financial advisers have been appointed to act on the sale of Bord Gáis Energy; and if he will make a statement on the matter. [43495/12]
View answerWednesday, 14 November 2012
Questions (106)
Written answers
Following a competitive procurement process carried out in accordance with relevant national and EU guidelines, the NTMA (acting through its NewERA Unit) has appointed Barclays Bank PLC to provide advice and assistance to the NTMA (acting through its NewERA Unit) and the Ministerial stockholders of Bord Gais Eireann (“BGE”) in relation to the proposed disposal of BGE Energy. The BGE Board, who will be responsible for implementing the transaction, are currently in the process of finalising the appointment of their own financial advisors, to provide advice and assistance to the Board in implementing the detailed steps involved in executing the transaction.
Questions Nos. 107 and 108 answered with Question No. 85.