Mr. Andrew McDowell:

Essentially, we would underwrite an element of the project. We could go back to the Irish Government and say that with a particular project, there is a very good chance it could be financed with an off-balance sheet mechanism. In terms of the available fiscal space over the next five to ten years, the project may not have to push out another project and it could be done on top of what would be done through traditional Exchequer financing.