Dáil Éireann Debate, Thursday - 26 January 2017
65. Deputy Niall Collins asked the Minister for Finance the total number of project applications entered by the State under the European Investment Bank for investment and infrastructural projects, per annum in each of the years 2010 to 2016, in tabular form; the number of successful agreements to date; the estimated total expected drawdown of funds; and if he will make a statement on the matter. [3730/17]
Amharc ar fhreagra66. Deputy Niall Collins asked the Minister for Finance the total number of project applications entered by the State under the European Investment Bank for investment and infrastructural projects in 2017 in tabular form; the estimated total expected drawdown of funds; and if he will make a statement on the matter. [3731/17]
Amharc ar fhreagraI propose to take Questions Nos. 65 and 66 together.
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 Governments, public sector bodies, commercial semi-state bodies or private sector entities.
The Deputy will find in the table a breakdown of both 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 2010-2016.
The Deputy should note that the figures set out in the table refer to the contract amount. The schedule for finance drawdown from EIB for each project 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: http://www.eib.org/projects/loans/index.htm.
No contracts, according to the EIB website, have been signed to date in 2017 with project promoters in Ireland. I am not in a position to indicate how many contracts will be signed by the EIB and Irish entities (whether in the public or private sector) in 2017 as there are a range of factors that determine whether a finance contract will ultimately be signed for any project proposal in any given year. Such factors may include project proposal maturity, agreement between EIB and the project promoter on financing terms and the availability of matching or alternative finance.
|
Project |
Sector |
Signature Date of contract |
Amount (€m) Signed* |
|
2016 |
|
|
|
|
Coillte Sustainable Forestry |
Agriculture, Fisheries, Forestry |
22-Dec-16 |
90 |
|
HFA Irish Social Housing |
Urban Development |
21-Dec-16 |
200 |
|
Davos Fund II Co-Investment Forestry |
Agriculture, Fisheries, Forestry |
12-Dec-16 |
28.5 |
|
RCSI Campus Development |
Education |
09-Dec-16 |
50 |
|
Amryt Pharma |
Industry |
01-Dec-16 |
10 |
|
Irish Schools Programme III |
Education |
17-Oct-16 |
200 |
|
University College Cork Campus Development |
Education |
19-July-16 |
100 |
|
Malin Corporation Life Sciences Investments |
Services |
22-June-16 |
40 |
|
Fineos |
Industry |
22-June-16 |
15 |
|
Primary Care Centres PPP |
Health |
25-May-16 |
70 |
|
N25 New Ross Bypass PPP |
Transport |
26-Jan-16 |
21.806 |
|
|
|
Total |
825.306 |
|
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 |
109.105 |
|
Trinity College Dublin |
Education |
25-Jun-15 |
70 |
|
|
|
Total |
755.105 |
|
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 |
143.034 |
|
Dublin Luas Cross City |
Transport |
03-Mar-14 |
150 |
|
|
|
Total |
931.799 |
|
2013 |
|
||
|
ESB Renewable Connection |
Energy |
09-Dec-13 |
100 |
|
Vodafone Mobile Limited |
Corporate |
27-Nov-13 |
117.619 |
|
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 |
72.156 |
|
AIB Loan for SMEs and Midcaps |
SMEs |
26-Apr-13 |
100 |
|
Bord Gáis Onshore Wind Programme |
Energy |
23-Apr-13 |
90 |
|
|
|
Total |
679.775 |
|
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 |
49.990 |
|
Irish School Programme |
Education |
06-Jul-12 |
100 |
|
|
|
Total |
504.990 |
|
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 |
|
2010 |
|
|
|
|
Car Efficiency and Safety RDI RSFF |
Industry |
01-Oct-10 |
15 |
|
Bord Gais Whitegate CCGT |
Education |
02-July-10 |
197 |
|
Irish Schools Investment Programme |
Education |
02-June-10 |
44.173 |
|
|
|
Total |
256.173 |
* Please note that the figures are rounded to 3 decimal places where appropriate.
