Final cost of failing to hedge the Euro for the Energy for Waste Plant

Published on: 15 January 2013

Question type: Written

Asked by: Mike Higgins

Answered by: Minister for Treasury and Resources

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WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY M.R. HIGGINS OF ST. HELIER

ANSWER TO BE TABLED ON TUESDAY 15th JANUARY 2013

Question

Will the Minister advise the final cost to the States of failing to hedge the Euro for the Energy for Waste Plant?

Answer

The final cost to the States of the delay in hedging the Euro for the Energy from Waste Plant was reported in the answer to oral question number 4868 from the then Deputy of St. Mary on 1st December 2009. The cost was £2.7 million.