Poolbeg Incinerator -Finances, Alternatives

From Comment No. 9 posted by ‘Carol’ – September 15, 2009 to The Cedar Lounge Revolution

http://cedarlounge.wordpress.com/2009/08/18/the-luckiest-man-in-the-green-party/

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Firstly the issues about the cost of this project must be raisedagain and again. You are correct that Dublin CC have been landed with ahuge bill to manage the project so far, however from my reading of theinformation to [...]

Dublin Docklands 2008 Accounts Stalled for NAMA’s Taxpayer Massage?

Is DDDA Cooking The 2008 Books?
How much longer can Mr John Gormley “sit by and watch the taxpayer stuffed for millions of euro”?

February 2009: DDDA promised the Oireachtas Committee on Environment it would publish the 2008 annual accounts by the end of June “at the latest”.
August 2009: DDDA now says the 2008 [...]

DDDA Damages Investment in Ireland? [Dublin Docklands Developers Autocracy]

[2009] The Anglo-Irish Bank director is a beetle, which from the moment in the summer time when it began to use its wings and fly about, went about Poolbeg, not attracted by any flower in the field or any flower in the garden, no matter how beautiful they were, whether they were roses or lilies. [...]

20 Years of Sandymount-Ringsend Property Taxes to Pay for DDDAs Glass Bottle Site: €20,000 per house by 2020. NAMA, Commission on Taxation.

Feck Dem & Deir Bay
Twenty by 2020
€20,000 per house per year by 2020. It looks like all of the property taxes on all of the houses in Sandymount and in Ringsend accumulated over the next twenty years will be used to pay off the debts of speculator’s at just ONE local site – the deliberately [...]

Dutch Bankrupt Poolbeg Polder?

Ierland Nee 75 per cent writedown for the banks
In Holland it’s not unknown for people to read under the street lamps outside their houses to save a few Euro-cents. So it’s no surprise that Utrecht’s Rabobank is now after the developer of goedkoop flats in Ireland.
Zoe Developments apparently owns a site on a [...]

Dutch Bankrupt Poolbeg Polder?

Ierland Nee 75 per cent writedown for the banks
In Holland it’s not unknown for people to read under the street lamps outside their houses to save a few Euro-cents.
So it’s no surprise that Utrecht’s Rabobank is now after the developer of goedkoop flats in Ireland. Rabobank, localised as “ACC”, is using [...]

Dutch To Bankrupt Poolbeg Polder?

Ierland Nee
75 per cent writedown for the banks
In Holland it’s not unknown for people to read under the street lamps outside their houses to save a few Euro-cents on electricity. So it’s no surprise that Utrecht’s Rabobank is now after the developer of goedkoop flats in Ireland. Rabobank, localised as [...]

NAMA & DDDA And The IGB Frontman

The DDDA Farce Continues.
What is the true purpose wherein Finance Minister Lenihan even considers appointing the front-man for the Irish Glass Bottle site ’sale’ to NAMA?
What about basic governance? What about past business deals with DDDA? NAMA now has less credibility than either Anglo or DDDA.
DDDA is highly challenged by its curious links [...]

NAMA & DDDA And The IGB Frontman

The DDDA Farce Continues.
What is the true purpose wherein Finance Minister Lenihan even considers appointing the front-man for the Irish Glass Bottle site ’sale’ to NAMA?
What about basic governance? What about past business deals with DDDA? NAMA now has less credibility than either Anglo or DDDA.
DDDA is highly challenged by its curious links [...]

Incinerator firm hopes to raise $400 million bond

The US firm leading the consortium to build an incinerator at Poolbeg in Dublin is attempting to raise $400 million from bond investors to part-finance the project.
Covanta, a US-quoted energy firm, is heading Dublin Waste to Energy Ltd, which has been awarded the contract to build and operate the incinerator. The consortium recently assured Dublin [...]