The former owners of Beauparc are back in the waste and energy business after acquiring the Huntstown biogas project. Developed to generate gas from brown bins, the plant is not yet in commercial operation.
After years of delays, a court dispute and a large write-off, Energia has found a willing buyer for its problem-riddled Dublin biogas plant. Waste treatment entrepreneur Eamon Waters is familiar with the project.
When one of Ireland’s largest electricity companies claimed capital allowances on the fees charged to plug into the national network, Revenue came back with additional tax bills. The dispute went to a two-day hearing before the Tax Appeals Commission.
In the coming days, the government will unveil the rules of the first renewable electricity support scheme in five years. Overseas capital is lining up to fund Irish environmental projects with billions of euro in energy, waste and forestry.
Financiers and lawyers starved of mergers and acquisitions by Brexit uncertainty are now eyeing up the upcoming sale of a large utility.
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