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Trees damaged by Storm Éowyn being cleared from Mote Park Forest.

Coillte says level of damage from Storm Éowyn to top €60m

Coillte has said Storm Éowyn in January caused "unprecedented" levels of damage to its estate at an estimated cost of over €60m.

Business • 02 May

Over 60% of the windblown area has a felling licence, with a further 12% being processed by the Department

Over 26,000 hectares of forestry damaged by storms

26,050 hectares of forests have suffered wind damage following recent storms Darragh and Éowyn, a satellite survey from the Department of Agriculture has confirmed.

Ireland • 22 Apr

Coillte said there had been nearly 250 dumping incidents in its forests since the beginning of 2022

Coillte spends almost €1m on clearing illegal dumping

Forestry agency Coillte has had to spend more than €950,000 over the past two and a half years cleaning up after illegal dumping on its lands.

Business • 08 Oct 24

Last year, Coillte paid the state a dividend of nearly €18m, comprised of €7.7m for 2022 and €10m for 2023 (File image)

Coillte reports operating profit of €61m last year

Coillte had earnings of €106m in 2023 and an operating profit of €61m, according to the semi-state forestry company's annual report.

Ireland • 25 Apr 24

Coillte's latest strategic plan includes enabling the creation of 100,000 hectares of new forests

Profits at state forestry company Coillte dip

State forestry company, Coillte, has reported a drop in profits last year, due in the main to increased operating costs.

Business • 27 Apr 23

Coillte was set to pay out €5 million in a community fund

Coillte refused permission for Carlow wind turbines

An Bord Pleanála has refused planning permission to Coillte for the construction of a seven turbine 583 ft high wind farm for an upland site in Co Carlow.

Business • 16 Mar 23

Commercial semi states paid out dividends of €199.4m

Commercial semi-state companies last year paid out aggregate dividends of €199.4 million to the exchequer.

Business • 10 Feb 23

The issue will be at the centre of a three-hour debate in the Dáil

Hundreds protest Coillte deal at Leinster House

Hundreds of people are taking part in a protest outside Leinster house to oppose the deal Coillte has done with an investor fund to buy up land and forestry.

Ireland • 26 Jan 23

Last year, Coillte planted just 200 hectares, the year before a tiny 50 hectares, and it hopes to reach 300 hectares in 2023 (Stock image)

Coillte's controversy: A UK-based fund and Govt summons

Weeks of controversy over Coillte's decision to link up with an institutional investor fund to buy land and forests leads to a ministerial summons, but the investor fund stays, writes Agriculture and Consumer Affairs Correspondent Joe Mag Raollaigh.

Analysis and Comment • 22 Jan 23

Forest cover in Ireland is 11.6% compared to an EU average of 40%

Gresham House teams up with Coillte on forestry fund

Alternative asset manager Gresham House has launched a major new fund to enable Irish and international investors to fund greater forest cover across the country.

Business • 06 Jan 23

The 110 MW project on the northern western slopes of Slieve Bernagh will have sufficient power to provide electricity to all homes in Clare

Green light for Co Clare wind farm project

An Bord Pleanala has given the green light to Coillte for contentious plans for a large scale 19 turbine wind farm in Co Clare that will have the capacity to power 66,500 homes annually.

Business • 30 Sep 22

The ESB is among those that have paid a dividend

Commercial semi-states pay out €179m in dividends

Commercial semi-state companies have to date this year paid out aggregate dividends of €179.4m to the Exchequer.

Business • 22 Sep 22

Ibec CEO, Danny McCoy and incoming President, Imelda Hurley

Coillte's CEO Imelda Hurley is new Ibec President

The new President of the employers' confederation, Ibec, is the chief executive of State forestry company, Imelda Hurley.

Business • 22 Sep 22

Coillte said higher costs and geopolitical tensions would likely see its results weaken in 2022

Coillte plans €30m dividend after record revenues

Coillte has recommended a record €30m dividend to the Exchequer after recording its highest-ever level of revenue last year.

Business • 29 Apr 22

FuturEnergy Ireland aims to materially help the country deliver on its green energy targets

Coillte and ESB launch renewables joint venture

Coillte and ESB have announced a new 50:50 joint venture company as the two commercial semi-state companies join forces for the renewable energy development.

Business • 30 Nov 21

The Woodland Nature Credit was developed for Coillte and Forestry Partners to plant native woodlands across Ireland

Bank of Ireland introduces Woodland Nature Credit

Bank of Ireland has developed a nature-based funding instrument that allows companies to fund large-scale afforestation in Ireland and record the environmental and social benefits of the new woodlands as part of their new sustainability reporting requirements.

Business • 17 Aug 21

An aerial photograph of fires in the Slieve Bloom Mountains last year (Pic: Coillte)

Orange forest fire warning issued for Easter weekend

The Department of Agriculture has issued a status Orange High Forest Fire Risk warning for the Easter weekend.

Ireland • 02 Apr 21

If it were to go ahead the renewable energy projects would primarily be built on Coillte land

CCPC to open phase 2 probe into ESB and Coillte project

The Competition and Consumer Protection Commission (CCPC) is to carry out a phase 2 investigation into a proposed joint venture between the ESB and Coillte.

Business • 10 Dec 20

Colin Cunningham, Managing Director at Cellnex Ireland

Telecoms firm Cellnex spends €10m on 100 new towers

Telecoms tower firm Cellnex has spent €10m in Ireland during its first year in the country - installing 100 new towers around the country with 80% of these enabled with fibre infrastructure.

Business • 22 Oct 20

A picture from the Dublin Fire Brigade twitter account showing a crew member in action in Dollymount, Dublin

People urged not to light fires outdoors

People have been urged not to light any fires outdoors at the moment, with Coillte's communications manager saying it is highly dangerous.

Ireland • 01 Jun 20

Sitka Spruce will gradually be replaced with native species

Dublin forests will change use to recreational only

Coillte has announced that all nine of its forests in Dublin are changing to non-commercial recreational use.

Dublin • 25 May 20

Watch: Drone footage shows damage from gorse fire

Footage has emerged showing the extent of damage caused during a gorse fire in Co Wicklow last month.

Leinster • 12 May 20

Cignal bought by Cellnex Telecom for €210m

Irish telecoms infrastructure company Cignal has been acquired by Cellnex Telecom in a deal worth €210m.

Business • 10 Sep 19

Coillte manages about 7% of Ireland's land

Nine forests to be redesigned for recreational use

Nine commercial forests around Dublin, operated by the forestry business Coillte, are to be redesignated for recreational use.

Dublin • 20 Jun 19

The discovery was made last week by a member of the public who was out walking in the isolated area near Kingscourt

Investigation launched into illegal dump found in Meath

An investigation has been launched into an illegal dump in a Co Meath forest which Coillte says is the largest single incident of its kind that it has ever dealt with.

Leinster • 01 May 19