West Cork co-ops close to IAWS deal

WEST CORK co-operatives, Bandon, Drinagh, Barryroe and Lisavaird are moving closer to a deal with IAWS Co-Op for its South Western Services subsidiary based in Bandon.

But the price paid may not be the €50 million currently on the table from IAWS boss, Philip Lynch.

It has been suggested one of the wind farms, Kilgarvan, Co Kerry, is behind schedule. That could impact on projected earnings which may have been inadvertently overstated as a result.