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. Peter Hendrick:
Today our shareholders have committed beyond what is required under the contract at €223 million. In any financial commitment, shareholders will have some level of reserves available if a project needs it. Absolutely the shareholders are on the hook for any additional equity that is required.