NAMA wave goodbye to Greystones harbour
NAMA, the SISK Group and Park Developments have reached an agreement which will result in the SISK Group acquiring Park’s interest in the project and the taking on full responsibility for the Project.
One outcome of this agreement is that there will no longer be any debt owed to NAMA by Sispar in relation to the project.
Sispar is continuing to work with Wicklow County Council on delivery of the project on a phased basis.
Sispar is also currently engaging with all relevant stakeholders to the Project in order to finalise issues arising out of this agreement.
On hearing the news this evening, Wednesday, Cllr Ciarán Hayden said, “this is good news for Greystones and along with last month’s positive planning decision more uncertainty has been removed from this great project.
I welcome this development and I look forward to working with Sisk going forward. It is a major plus not having NAMA involved in this project anymore.”