Bids sought for new power plants, €46m for Fingal flats, and Genuity sale raises questions

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The Shoreline Partnership has put a price tag of €46.4 million on 122 apartments it is proposing to sell to Fingal County Council for social housing. Source: shoreline2shd.ie
The Shoreline Partnership has put a price tag of €46.4 million on 122 apartments it is proposing to sell to Fingal County Council for social housing. Source: shoreline2shd.ie

National grid operator Eirgrid will seek bids from electricity generators to build new power plants in the Republic to combat a potential shortage of energy. Barry O'Halloran reports that growing demand and the prospect that some existing plants may close mean the electricity network will need new power stations in late 2024 and early 2025 to guarantee supplies in the longer term.

The State was already "in the money" as it planned a sale of its sake in Bank of Ireland, the Department of Finance has said. Minister Paschal Donohoe announced in June that the Government would be selling off its 13.9 per cent stake in the bank through a pre-arranged trading plan and records released under FOI reveal the plan first began to gather steam in March when a banking roadmap said bank stocks had recovered from a "torrid 2019/2020". Ken Foxe has the details.

The Shoreline Partnership has put a price tag of €46.4 million on 122 apartments it is proposing to sell to Fingal County Council for social housing, reports Gordon Deegan. That is according to planning documents lodged with Shoreline's Strategic Housing Development for the €464 million, 1,221 unit apartment scheme it is planning for Baldoyle in north Dublin.

Why did the State put €66 million into a private DNA firm instead of a national genomics research? This is the question Karlin Lillington is asking in her analysis of yesterday's announcement of the knock-down €85 million sale of genome research company Genuity Science and its Irish operation.

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Making local or national calls to an Australian fixed line or mobile phone number from a payphone will no longer require fumbling in pockets for coins. Padraig Collins reports from Sydney were Australia's leading telecommunications company, Telstra, has made its 15,000 payphones free to use across the country.

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Nora-Ide McAuliffe

Nora-Ide McAuliffe

Nora-Ide McAuliffe is an Audience Editor with The Irish Times