Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

NewERA is up and running on a non-statutory basis. It has been involved in assessing the possibilities associated with the disposal of Bord Gáis Energy, the non-strategic power generation capacity of the ESB and the sale of Coillte's harvesting rights. The Government has given a commitment to put NewERA on a statutory basis. We are working on that. We will bring a Bill to the House to that end some time in the new year.

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