Search Results for 'Michael McAteer'
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News that the liquidator to Mayo Renewable Power, which planned to build a €200 biomass plant in Killala, is finalising a deal to sell the company's assets to its original backers, has been welcomed by Senator Michelle Mulherin.
An unfinished biomass power plant in north Mayo is expected to fetch almost €10 million after being put up for sale.
The Irish Post an Irish diaspora newspaper based in the UK and Michael McAteer of Grant Thornton, Dublin have agreed a transaction in relation to certain business assets of Irish TV subject to approval of the Competition and Consumer Protection Commission and the Minister for Communications, Energy and Natural Resources. Irish TV which had its headquarters in Westport was placed into liquidation late last year with the loss of over 20 jobs.
Westport based television station Irish TV who had suspended production on new programming last week was awarded High Court protection yesterday with Michael McAteer appointed as interim examiner. The petition came after a funding shortfall left it with a shortfall of liabilities over assets of €8.7m. The station was founded by husband and wife couple Pierce O’Reilly and Mairéad Ní Mhaoilchiaráin. It was launched in 2014 and has been available on Sky TV and the Freeview platform among others, and had recently been in negotiations to be available on the Saorview platform.
The chief executive of Mayo County Council said this week that he was "hopeful you would see a positive result" for the examinership process that the Mayo Renewable Power project is currently undergoing. This summer the High Court appointed Michael McAteer of Grant Thornton as interim examiner to Mayo Renewable Power, which had planned to build a wood-chip burning electricity generator at Killala at a cost of €180 million.