Broadband Infrastructure
Dail Éireann — 2021-12-14
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Ruairí Ó Murchú (SF), Louth

When the contract was signed, was it understood that the €175 million equity investment could be by way of debt? What exactly are we talking about in respect of the guarantee? There is information available on the fees paid in 2020 but, in his review, did the Minister come up with figures for 2021? What is the current interest bill? What is the position on the high-cost loans, in particular? At this point in time, we understand the figure is about 11.8%, but we want to know where we are. David McCourt spoke about seeking new investors. Have any names been put in front of the Department for approval? Has there been any interaction between the Department and these people? If so, could the Minister of State tell me who they are? Could he explain the early release of the performance bond? Did it need to be agreed by the Cabinet or was it just agreed by the Minister for the Environment, Climate and Communications?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2021-12-14/debate/main
Retrieved: 2026-08-14T04:49:58+00:00
Sitting date: 2021-12-14