Oireachtas Joint and Select Committees
Tuesday, 16 May 2023
Joint Oireachtas Committee on Climate Action
Renewable Energy and Port Capacity: Discussion
Mr. Pat Keating:
-----sovereign debt funding. Yes, and that would just be for an initial period. We are having conversations with the Department and with the New Economy and Recovery Authority, NewERA, which is a body responsible for providing advice also, together with the European Investment Fund, EIB, and the Ireland Strategic Investment Fund, ISIF. The funding model looks at the entire gamut of funding available to us. EIB and ISIF are all commercial bodies also. That conversation is happening and it is premature to say where it will go to at this stage but the good thing is that it is happening. The focus is on getting to the far side of planning and, in parallel, bringing along the funding conversation and methodologies. The update of the ports policy is very timely in that regard because it will happen this year.