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National Broadband Plan

Dáil Éireann Debate, Wednesday - 1 December 2021

Wednesday, 1 December 2021

Ceisteanna (50, 51)

Catherine Murphy

Ceist:

50. Deputy Catherine Murphy asked the Minister for the Environment, Climate and Communications if the long-term financial stability of each company in the consortium was assessed and or future-proofed with due diligence forecast assessed in the course of awarding the NBP contract (details supplied). [59167/21]

Amharc ar fhreagra

Catherine Murphy

Ceist:

51. Deputy Catherine Murphy asked the Minister for the Environment, Climate and Communications if he is satisfied that the companies that form part of the NBP consortium will be able to provide services for the duration of the 25-year contract in the context of the NBP (details supplied). [59168/21]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 50 and 51 together. The financial capability and capacity of each consortium member was assessed prior to awarding the NBP contract and guarantees were entered regarding equity commitments. The NBP contract contains sufficient mechanism to monitor ongoing financial stability of the project which includes financial reporting requirements.

Question No. 51 answered with Question No. 50.
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