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

Tom Donnellan, chief executive of Bord na Móna: ‘The large corporates of the world like our story’. Picture: Bryan Meade

There’s an air of change around the head offices of Bord Na Móna in Newbridge, Co Kildare. Tom Donnellan, the chief executive, cuts a relaxed figure as he chats through the 2020 financials of the semi-state company.

And well he might relax after an impressive year. After three years of hefty losses linked to the closure of the two-peat fired power plants in the midlands, the ending of peat harvesting after almost 100 years and ...