Written answers
Thursday, 14 November 2013
Department of Finance
National Pensions Reserve Fund Administration
Lucinda Creighton (Dublin South East, Independent)
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37. To ask the Minister for Finance the total amount in euro the National Pensions Reserve Fund provided in a bridging loan facility to Irish Water to meet the costs arising to the end of 2013; and if he will make a statement on the matter. [48598/13]
Michael Noonan (Limerick City, Fine Gael)
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In September 2013, the National Pensions Reserve Fund (NPRF) agreed a €250 million two-year bridging facility with Irish Water to provide short-term funding for its start-up costs and metering installation costs. To date, €160 million has been drawn down by Irish Water and the balance is expected to be called in January 2014.
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