Michael Colreavy (Sligo-North Leitrim, Sinn Fein)
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Question 77: To ask the Minister for Public Expenditure and Reform if the restructuring of any State companies is currently being considered. [3803/12]

Brendan Howlin (Wexford, Labour)
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As the Deputy will be aware, the NewERA unit was established within the National Treasury Management Agency in 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, along the lines suggested in the Deputy's question. At this early stage, no specific proposals for restructuring of State companies have arisen.