Mr. Eoin McGettigan:

Deputy Martin Kenny asked what the hold-up is. For us, it is identifying who the customers are because it is the customers - the developers - who will pay us for the port facilities. The auction process now has begun to identify that. We are talking directly to the developers and are able to tell them that we have planning permission and offshore licences to build what they need. They are able then to factor in how much they will pay us for those facilities which we can then use to borrow the money to be able to do it. That clarity has only emerged in the last number of months. We are on the critical path. The sooner the ports can build the infrastructure, the quicker the developers can deploy the turbines at sea.

To clarify, we are able to support fixed-bottom wind turbines built, assembled and deployed from Cork and the developers are keen on that. There is Rosslare and us, but we have planning permission. As for that long tail of activity that is needed to get planning, in our case we are good to go once we know which customers are going to pay us, and that is who we are talking to right now.