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Tue 07 Jul 2008Bord na Móna plan to invest €1.4bn over five years

STATE-OWNED energy company Bord na Móna plans to invest €1.4 billion in expanding and moving the group away from its traditional activities over the next five years.

The company will stop exploiting peat bogs, the purpose for which it was founded in 1946, over the next two decades, and refocus its business on a mix of energy, waste-management and recovery, and horticulture.

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