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Sale of State Assets

Dáil Éireann Debate, Thursday - 21 November 2013

Thursday, 21 November 2013

Questions (24)

Mary Lou McDonald

Question:

24. Deputy Mary Lou McDonald asked the Minister for Public Expenditure and Reform if he will provide an update on the Bord Gáis element of the schedule of State asset disposals his Department is overseeing; the progress that has been made regarding the contractual arrangements for staff who will agree to transfer and for those who wish to remain as Bord Gáis employees. [49529/13]

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Written answers

BGE and its advisers, working with NewERA and the relevant Government Departments, are currently in the final stages of the process of selling Bord Gais Energy together with the Minister for Communications, Energy and Natural Resources. I would hope to be in a position to make a definitive announcement on the matter in the coming weeks.

I am advised that, as part of this process, BGE management has been engaging with BGE staff and unions on the terms and conditions of the BGE staff that are due to transfer with the sale of the business. I understand that this process is currently ongoing, and so it would be inappropriate to make any further public comment on the matter at this time.

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