Dáil debates

Thursday, 9 May 2019

National Broadband Plan: Statements

 

2:25 pm

Photo of Timmy DooleyTimmy Dooley (Clare, Fianna Fail) | Oireachtas source

If the overall cost is €5 billion, the State is contributing in or about €3 billion and the capacity of the company that will be established to borrow significantly against that and against the asset that will be the contract, it is fair to assume that when one takes in debt and equity, the equity being put in by Granahan McCourt is probably somewhere in the ballpark of €300 million to €400 million. Can the Minister confirm that?

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