Semi-State Bodies Privatisation

Dáil Éireann Debate, Wednesday - 9 October 2013

Wednesday, 9 October 2013

Ceisteanna (31)

Michael Colreavy

Ceist:

31. Deputy Michael Colreavy asked the Minister for Public Expenditure and Reform when, as part of his Department’s asset disposal programme, he expects the sale of Bord Gáis Energy to be complete; and if negotiations have begun on the future terms and conditions of BGE staff. [42517/13]

Freagraí scríofa

Minister for Public Expenditure and Reform

As referred to in the Deputy’s question, Bord Gáis Éireann is in the process of selling its energy business, Bord Gáis Energy. BGE and its advisors, working with NewERA who are advising the Government in relation to the sale, are currently assessing the latest bids received for Bord Gáis Energy. The Deputy will understand that, at this very sensitive stage of the process, it would be inappropriate for me to make any further public comment on the matter.

With regard to the Deputy’s question on the future terms and conditions of BGE staff, while I have had no direct role in the sale transaction, I understand that discussions commenced some time ago between BGE management and the BGE Group of Unions on the terms and conditions of the BGE staff that are due to transfer under the new ownership arrangements.