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State Bodies Mergers

Dáil Éireann Debate, Thursday - 5 December 2013

Thursday, 5 December 2013

Questions (106)

Terence Flanagan

Question:

106. Deputy Terence Flanagan asked the Minister for Public Expenditure and Reform if he will provide an update regarding the planned merger of Bord na Móna and Coillte; and if he will make a statement on the matter. [52364/13]

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Written answers

As referred to in the Deputy’s question, and in light of the Programme for Government commitment to create a streamlined and refocused commercial state company in the bio-energy and forestry sectors, the Government decided in June of this year that an evaluation would be carried out on how to give effect to a beneficial merger of Coillte and Bord na Móna.

NewERA is undertaking a financial evaluation on behalf of the relevant Government Departments (my Department, the Department of Agriculture, Food and the Marine and the Department of Communications, Energy and Natural Resources), which I understand is nearing completion. The Departments will consider NewERA’s findings when they are available and I hope to be in a position to bring a recommendation to Government on the matter shortly thereafter.

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