Oireachtas Joint and Select Committees
Thursday, 6 December 2018
Public Accounts Committee
2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Department of Communications, Climate Action and Environment
Chapter 8 - Measures relating to Cyber Security
Chapter 9 - Energy Efficiency National Fund
9:00 am
Mr. Mark Griffin:
It is effectively a programme to design, build, operate and maintain. It is a gap-funded model. Effectively, the bidder puts in equity and the State puts in a subsidy to meet the gap. That is paid over a 25-year period. The design, build, operation and maintenance are carried out by the company.
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