Mr. Glenn Carr:

There are greater benefits to be derived for wider society here. How we look at the business case will be important. This is because port infrastructure, traditionally, has been expensive and it is viewed over a long time. We are talking about constructing an asset that will be in place for the next 50 years. How we look at this project and how we fund it, therefore, will have to be done with this backdrop in mind.

The other positive thing for our facility is that it has a dual purpose. With the ORE, we will see a lot of activity in the Irish and Celtic seas in the initial years.

There will be the heavy lifting, the big construction phases and many jobs created during this phase and then there is operations and maintenance, which requires significantly fewer facilities. However, we will have built a facility that will be easily transferable to lift-on lift-off and roll-on roll-off. As was alluded to, if we look at this from a port national capacity perspective, Rosslare Europort will be primed to easily transfer 300,000 to 400,000 units out of Dublin Port which will be under considerable pressure and may not be able to do anything more at that point. The investment in Rosslare is not just for offshore renewable energy. It is critically important for ORE but it is also a very good investment in the longer term port capacity for the country and our supply chain.