Dáil debates
Thursday, 21 November 2013
Other Questions
Sale of State Assets
10:25 am
Brendan Howlin (Wexford, Labour) | Oireachtas source
This is a multi-annual project. The first tranche of moneys that will come in to the Exchequer will be from the sale of the national lottery licence. I have outlined how we are spending €200 million of these moneys, with €50 million for roads, €50 million for the retrofit of local authority houses and €50 million for the schools building programme.
There are two sales processes in train, one of which involves the ESB. There is agreement on the sale of the Marchwood power plant in the United Kingdom, as well as a further shareholding in a Spanish plant. I will give the Deputy the exact quantum of these sales as soon as I get it.
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