Firm must repay €250k to Commission

A COUNTY Waterford engineering firm that has been placed in liquidation has been ordered to repay about €250,000 to the European Commission over its failure to fulfil a contract to build wind turbines.

The European Court of Justice ruled that Irish Electricity Generating (IEG) based in Kilmeaden must pay back €180,665 plus interest to the Commission.

The company won a contract to oversee the design and erection of two 750 kilowatt wind turbines in 1998, which would be up to 40% funded by the EU.