Brendan Howlin (Wexford, Labour) | Oireachtas source

Does the Deputy not understand the net point? The total price the State is paid is what is of interest to us. We sold it as an entity. It was the block or bag of assets that was up for sale. Due process suggested a fair value would be in excess of €1 billion. We got €1.1 billion. Demonstrably, that is fair.

In the final part of his question the Deputy asked me about crucial State assets. Even for someone with his view of the State, how he can determine that Marchwood Power in the United Kingdom and half ownership of an energy plant in the Basque country are crucial State assets is beyond me.

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