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Dáil Éireann díospóireacht -
Wednesday, 1 Oct 1997

Vol. 480 No. 7

Written Answers. - Bord na Mó na Funding.

Ivan Yates

Ceist:

39 Mr. Yates asked the Minister for Public Enterprise the remaining equity which is due to be injected into Bord na Móna in 1997; the sums involved; and when they will be transferred to the company. [14898/97]

I am pleased to inform the House that the Government last week injected a further £51 million equity into Bord na Móna. This, taken together with the first tranche of equity injected last December, brings to a total of £100 million the equity injected into the company to date. The effect of this financial support from the State is that Bord na Móna has now been placed on a sound financial footing and can meet the future with confidence.

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