Written answers
Tuesday, 12 November 2013
Department of Communications, Energy and Natural Resources
Semi-State Bodies Dividends
Eoghan Murphy (Dublin South East, Fine Gael)
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244. To ask the Minister for Communications, Energy and Natural Resources in respect of the NewEra strategy, if he has devised a strategy for the payment of dividends by State-owned companies to the Exchequer for the next five years. [47785/13]
Pat Rabbitte (Dublin South West, Labour)
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Lead responsibility for NewERA is a matter for the Minister for Finance. However, the general strategy for State owned energy companies, including matters relating to dividend, is a matter for agreement between those companies and the shareholding Ministers, the larger shareholding interest of which is held by the Minister for Public Expenditure and Reform.
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