Paschal Mooney (Fianna Fail) | Oireachtas source

In what circumstances might Irish Water have a requirement for borrowings? What might the figure be? To what purpose might it be put? Everyone accepts there is an ongoing difficulty in certain parts of the country with the infrastructure on which our water services are currently provided. There is a considerable level of leakage mainly as a result of wear and tear, and because insufficient resources were provided for investment purposes up to now. Once the board takes over the management of the utility its first major priority will be to stop the leaks because of the wastage involved.