Oireachtas Joint and Select Committees

Thursday, 12 January 2017

Joint Oireachtas Committee on the Future Funding of Domestic Water Services

Irish Water and Commission for Energy Regulation

2:00 pm

Mr. Cathal Marley:

On State ownership, in general, that is considered very positive because in terms of the way they look at it, if something went drastically wrong with the company there is an anticipation that the State may step in at some point.

It is lending us money for ten or 15 years, which is a very long-term view, and in general it is positive. During the recession, it was negative.,

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