Written answers
Wednesday, 11 January 2012
Department of Public Expenditure and Reform
Semi-State Bodies
8:00 pm
Michael Healy-Rae (Kerry South, Independent)
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Question 271: To ask the Minister for Public Expenditure and Reform the semi-State companies or their services which he has identified or considered suitable for a strategic alliance with another company; and if he will make a statement on the matter. [1293/12]
Brendan Howlin (Wexford, Labour)
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As the Deputy may be aware, the NewERA unit was established within the National Treasury Management Agency in July 2011 to reform the manner in which Government manages the commercial semi-State companies. NewERA will initially undertake the corporate governance function, from a shareholder perspective and reporting to relevant ministers, of ESB, Bord Gáis Éireann, EirGrid, Bord na Móna and Coillte. NewERA's role is also to advise on, and if appropriate, oversee any restructuring of these companies, including along the lines suggested in the Deputy's question. At this early stage, no specific proposals have arisen.
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