Ms Michele Connolly:

Yes, but the final ten years will be with no subsidy. If the company does not wish to operate the asset at the end of the 25 years, the Government has the option to take it back. At the end of the 25-year period, there is what we call the "third limb" of the clawback regime. There is clawback during deployment, which is between 50% and 100% of savings; there is clawback during operations where excess profits are being delivered; and there is clawback at the end of 25 years, which is referred to as the "terminal value" clawback, when the State will get 40% of the assessed value of the asset back.