Government to get €225 million windfall from ESB

The state coffers are to receive a cash windfall of €225 million this year from the sale of the ESB's overseas plants and an exchequer dividend on profits.

10th March, 2013

The state coffers are to receive a cash windfall of €225 million this year from the sale of the ESB's overseas plants and an exchequer dividend on profits, *The Sunday Business Post* has learned.

ESB's annual report is to go to cabinet this week and will show operating profits topping €469 million for 2011, producing a dividend in the region of €75 million for the exchequer.

The company's disposal of its 50 per cent stakes in...

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