Non-Exchequer investment constitutes investment by commercial and some non-commercial state entities. The breakdown of the €14.5 billion non-Exchequer component of the Capital Plan is set out in the following table:
Non-Exchequer Semi-state Funding
-
|
Sector
|
€billion
|
Commercial
|
Water
|
4.00
|
|
Energy Network Infrastructure (Gas & Electricity)
|
4.00
|
|
Energy Generation
|
1.75
|
|
Smart Metering
|
0.50
|
|
Transport (including ports and airports)
|
0.70
|
|
Other commercial (including Coillte, Bord na Mona, An Post, RTE, National Stud, Bord na gCon)
|
0.95
|
Non-commercial
|
Housing (including Local Authority and Social Housing/Housing Finance Agency)
|
2.20
|
|
Enterprise Ireland
|
0.25
|
|
Other non-commercial (IDA, Environmental Services, inland Fisheries, OSI, Teagasc, Udaras, IFB)
|
0.20
|
|
Total
|
14.55
|
The Deputy will appreciate that specific details of the investments for these bodies including in relation to funding arrangements are, in many cases, subject to considerations of commercial sensitivity. However, in overall terms it is expected that these investments will be funded by internally generated cashflow and external borrowings by the bodies involved. In the case of the capital programme for Irish Water, a mixture of Government equity/capital contributions and external finance is envisaged.