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European Investment Bank Loans

Dáil Éireann Debate, Thursday - 28 January 2016

Thursday, 28 January 2016

Questions (76)

Michael McGrath

Question:

76. Deputy Michael McGrath asked the Minister for Finance the amount Ireland has drawn down from the European Investment Bank for each year since 2011, by project; and if he will make a statement on the matter. [3577/16]

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Written answers

The European Investment Bank (EIB) is the long-term financing institution of the European Union. Its mission is to help implement the EU's policy objectives by providing financing to projects that address these objectives. The EIB may lend to lend to Governments, public sector bodies, commercial semi-state bodies or private sector entities.

The Deputy will find below a table with a breakdown of private and public sector (including commercial semi-state) projects in Ireland to which the European Investment Bank (EIB) has provided financing. The table sets out the project name, the sector involved, the date of contract signature and amount for each project for the period 2011-2015.

The Deputy should note that it is not possible to provide the amount "drawn-down" by each project as the schedule of financing drawn down is determined within individual financing contracts and is confidential between the EIB and the project promoter.

The Deputy may also wish to be aware that information on the projects signed between the EIB and project promoters in Ireland is also publicly available on the EIB website. A link to the relevant section of the site is available here: www.eib.org/projects/loans/index.htm

Project

Sector

Signature Date of contract

Amount (€m) Signed

2015

DCU Campus Development

Education

21-Dec-15

76

Dublin Port

Transport

21-Dec-15

100

Irish Flood Prevention Programme

Water

17-Dec-15

200

Strategic Bank Corporation Ireland (SBCI)

SMEs

22-Oct-15

200

M11 Gorey to Enniscorthy Motorway PPP

Transport

14-Oct-15

109

Trinity College Dublin

Education

25-Jun-15

70

 

 

Total

755

Project

Sector

Signature Date of contract

Amount (€m) Signed

2014

 

Open Access (GFI)

Broadband

19-Dec-14

12

HFA - Irish Social Housing Development Programme

Urban Development

18-Dec-14

150

NUI Maynooth

Education

17-Dec-14

76.765

ESB Network - Renewable Connection

Energy

30-Oct-14

100

Irish Water Investment Programme

Water

29-Oct-14

100

Strategic Bank Corporation Ireland (SBCI)

SMEs

28-Oct-14

200

N17-N18 Gort to Tuam PPP Motorway

Transport

30-Apr-14

143.033

Dublin Luas Cross City

Transport

03-Mar-14

150

 

 

Total

931.798

Project

Sector

Signature Date of contract

Amount (€m) Signed

2013

ESB Renewable Connection

Energy

09-Dec-13

100

Vodafone Mobile Limited

Corporate

27-Nov-13

118

University of Limerick

Education

26-Nov-13

100

Irish School Programme II

Education

19-Jun-13

100

N11/N7 Motorway PPP

Infrastructure

30-Apr-13

72

AIB Loan for SMEs and Midcaps

SMEs

26-Apr-13

100

Bord Gáis Onshore Wind Programme

Energy

23-Apr-13

90

 

 

Total

680

Project

Sector

Signature Date of contract

Amount (€m) Signed

2012

AIB Loan for SMEs and Midcaps

SMEs

21-Dec-12

100

Bord Gáis Onshore Wind Programme

Energy

28-Nov-12

155

Irish Water Investment Programme

Energy

28-Nov-12

100

Irish Schools Investment Programme (PPP)

Education

09-Nov-12

50

Irish School Programme

Education

06-Jul-12

100

 

 

Total

505

Project

Sector

Signature Date of contract

Amount (€m) Signed

2011

AIB Loan for SMEs II

SMEs

21-Dec-11

150

University College Dublin

Education

17-Nov-11

90

ESB Network and E-Cars Infrastructure

Energy

17-Nov-11

235

 

 

Total

475

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