By:
Gordon Deegan - IrishIndependent.ie
The Canadian-owned entity that acquired Shell Ireland's 45pc interest in Corrib Gas has already received €414m in dividends from the operation of the gas field.
That is according to the first set of accounts filed by Nephin Energy Holdings Ltd (NEHL).
The Irish-based firm is owned by the Canada Pension Plan Investment Board (CPPIB), which came to an agreement in 2017 to purchase Shell Ireland's interest in Corrib Gas for €903m.
The new accounts show that NEHL last year paid a dividend of €382m to the CPPIB.
Posted Date:
11 October 2019