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Bord Na Móna

Energy

Bord na Móna to pay state ‘enhanced’ €38m dividend after posting record profits

Semi-state reported record operating profits of more than €95 million for its 2023 financial year
  • Lorcan Allen
  • September 20, 2023
Solar Power

ESB and Bord na Móna partner with French company Volatalia to build solar farm in Kildare

It is the first joint venture on solar energy between the two government bodies
  • Emmet Ryan
  • July 21, 2023

Simply Better
Back to School

Delicious recipes by Neven Maguire

Energy

Bord na Móna launching pilot green hydrogen energy plant in Offaly

The energy business plans to provide 200,000 kg of green hydrogen annually from the Mount Lucas plant
  • Emmet Ryan
  • July 13, 2023
Companies

Bord na Móna lost €28m on mid-Brexit purchase of White Moss

Decision to acquire British peat composting company ‘ill advised’ when ‘the writing was on the wall’ for such products
  • Michael Brennan
  • April 9, 2023
Energy

Bord na Móna chief: offshore wind projects ‘a natural evolution’ for semi-state

Two projects off east and south-east coast will cost €6 billion in joint venture with Spanish developer Ocean Winds
  • Lorcan Allen
  • November 27, 2022
Energy

Bord na Móna unveils plans for two multibillion-euro offshore wind projects

Move into offshore wind marks a new departure for the semi-state company, which traces its history back to harvesting peat from the bogs of Ireland to fuel a number of peat-fired power stations in the midlands
  • Lorcan Allen
  • November 23, 2022
Companies

Turmec eyes US acquisition as it aims for further expansion in waste recycling sector

Meath company has begun looking for American firms to buy after winning a €30 million Australian contract
  • Lorcan Allen
  • August 6, 2022
Companies

Irish firm lands €30m contract to build world’s largest construction waste recycling facility

Turmec, a Meath-based provider of waste processing solutions, said it has won a major new contract to build a state-of-the-art construction waste processing facility in Australia
  • Lorcan Allen
  • August 4, 2022
Companies

Profits triple at Bord Na Móna as wholesale energy costs soar

The semi-state company recorded one of the strongest financial performances in its 90-year history as energy prices soared
  • Lorcan Allen
  • July 20, 2022
Planning

New rules will allow wind farms to change turbine sizes

Amendment to law will give industry more flexibility to use new technologies on projects without reapplying for planning
  • Michael Brennan
  • June 11, 2022
Energy

Government ‘deluded’ about 80% renewable energy by 2030

John Reilly, head of power generation at Bord na Móna, says there are too many bottlenecks in the system for the state’s targets to be met
  • Lorcan Allen
  • May 28, 2022

Eight companies selected for Accelerate Green

New Bord na Móna accelerator supports early-stage firms leading the response to climate action
  • Emmet Ryan
  • March 27, 2022

Bord na Móna to develop renewable energy business park in midlands

Planning permission for the 3,000-hectare peatland site across Meath, Offaly and Westmeath will be lodged in the next two years
  • Sarah Taaffe-Maguire
  • September 27, 2021

Bord na Móna wants temporary fuel exemptions for those who cut own turf

Semi-state says an outright ban on all solid fuel would cause ‘supply shock’ and severely hit those who rely on it for home heating
  • Daniel Murray
  • August 8, 2021

Company watch: Bord na Móna chief sees the semi-state as ‘green unicorn’ with its €1.25 billion valuation

The storied enterprise has transformed itself into a climate solutions company rooted in renewable power with up to 15 new projects in pipeline
  • Lorcan Allen
  • July 25, 2021

Bord na Móna returns to profit for first time in four years

The semi-state company reports pre-tax profits of €27.8 million after as it makes transition from peat harvesting to green energy
  • Lorcan Allen
  • July 21, 2021

Bord na Móna to create more than 1,400 jobs in the midlands

The semi-state company said it expects direct employment numbers at the company to return to its highest level since 2018
  • Lorcan Allen
  • July 15, 2021

Renewables sector warns court ruling could scupper green energy at critical juncture

Industry sources said the nature of certain projects meant it was not possible to determine the exact dimensions of certain infrastructure, such as turbine heights or blade lengths, ahead of receiving planning permission.
  • Lorcan Allenand
  • Daniel Murray
  • June 20, 2021

A Dangerous Visionary: A tycoon looks back at an illustrious and groundbreaking life in business

Eddie O’Connor’s autobiography is required reading for anyone starting off in business who wants to break into the big league
  • Lorcan Allen
  • June 13, 2021

Businessman O’Connor calls Nigeria ‘a byword for corruption’

The entrepreneur’s new autobiography echoes remarks he made on the future of Africa at a recent event in Dublin, though he adds that Europe has an obligation to help African countries develop into modern and transparent economies
  • Lorcan Allen
  • June 6, 2021

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