Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

Coillte is a State-owned enterprise. It is independent and its board makes its own commercial decisions. This decision was made by Coillte, not by the Government or by the Minister, Deputy McConalogue. The Deputy asked why we do not use some of our own funds to invest in a project like this and the answer is that we are. Coillte is partnering with our own sovereign wealth fund, the Ireland Strategic Investment Fund, and also Gresham House to establish this fund, so we are also investing in this fund.

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