Oireachtas Joint and Select Committees

Thursday, 10 February 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters

9:30 am

Mr. Mark Griffin:

We have requirements. The Deputy raised two issues about why NBI is going to the market for long-term capital. That is fine. That is a matter for NBI. Our understanding is that as the network moves into a build phase albeit that we have a concern about the number of premises passed and the relatively small number of premises connected, there is a stream of work going on in terms of service design and so on, which gives us that confidence regarding 2022 and future years. The view would be that we are moving into a more stable phase of the project. The risk profile begins to reduce, which may make the project more attractive to different investors, but this is a matter entirely for-----