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Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018
(4 Jul 2019)

Catherine Murphy: I will focus on one thing that was purchased, the concessionary agreements for Enet. Did the ISIF purchased that in 2017?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018
(4 Jul 2019)

Mr. Conor O'Kelly: No. The Irish Infrastructure Fund made an investment in Enet. That is a fund that ISIF is a passive investor in and it ultimately invested in Enet. That investment in the Irish Infrastructure Fund is a legacy investment from the national pensions reserve fund from 2012. It is an investment that we plan to examine to determine whether it is still appropriate.

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