State body NewERA spent millions of euro on consultancy services

State body NewERA spent millions of euro on consultancy services
Andrew O’Flanagan, who is a member of the NTMA’s senior management team.

NewERA, an arm of the National Treasury Management Agency, provides advisory services for a range of bodies including the ESB, Ervia and Irish Water

A state body responsible for providing financial and commercial advice to government ministers and state bodies has spent millions of euro obtaining external advice in recent years, new figures show.

NewERA, an arm of the National Treasury Management Agency (NTMA), provides advisory services for a range of bodies including the ESB, Ervia and Irish Water.

It also helps develop proposals for investment in energy, telecoms, water, forestry and other areas.

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