Mary Lou McDonald (Dublin Central, Sinn Fein)
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To ask the Minister for Finance if financial advisors have been appointed to act on the sale of Bord Gáis Energy; and if he will make a statement on the matter. [43495/12]

Michael Noonan (Limerick City, Fine Gael)
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Following a competitive procurement process carried out in accordance with relevant national and EU guidelines, the NTMA (acting through its NewERA Unit) has appointed Barclays Bank PLC to provide advice and assistance to the NTMA (acting through its NewERA Unit) and the Ministerial stockholders of Bord Gais Eireann (“BGE”) in relation to the proposed disposal of BGE Energy. The BGE Board, who will be responsible for implementing the transaction, are currently in the process of finalising the appointment of their own financial advisors, to provide advice and assistance to the Board in implementing the detailed steps involved in executing the transaction.