NTR to fuel bioenergy as flotation must wait

NATIONAL TOLL ROADS (NTR) set out its strategic stall for the next five years, which involves an investment of 1.5 billion in its new bioenergy division.

Chief executive Jim Barry ruled out the flotation of the group, currently trading on the grey market, before 2008 at the earliest.

Airtricity, the group’s wind energy division, will not be coming to market anytime soon either, he said.