Written answers
Tuesday, 21 January 2014
Department of Finance
European Investment Bank Loans
Pearse Doherty (Donegal South West, Sinn Fein)
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230. To ask the Minister for Finance the amounts Ireland received from the European Investment Bank for each year since 2008; and if he will provide a breakdown by project of what this money funded or part-funded. [2955/14]
Michael Noonan (Limerick City, Fine Gael)
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The Deputy will find below a table with a breakdown of Irish projects assisted by the European Investment Bank (EIB) including: the amounts for loans approved; the approval date; the sector involved; and the signature dates for the loans approved in respect of the period 2008 2013.
The Deputy should note that the total amount of EIB support in a particular year may include loans approved by the Board in that year as well as signatures in respect of loans approved in previous years.
| Project | Sector | Approval Date | Signature Date | Amount (EURm) Approved | Amount (EURm) Signed |
|---|---|---|---|---|---|
| AIB Renewable Energy Framework Loan | Energy | 19-Nov-13 | 100 | ||
| Dublin Cross City Luas Project | Transport | 25-Oct-13 | 163 | ||
| Grangegorman PPP | Infrastructure | 22-Oct-13 | 110 | ||
| ESB Renewable Connection | Energy | 17-Sep-13 | 09-Dec-13 | 200 | 100 |
| University of Limerick | Education | 12-Jul-13 | 26-Nov-13 | 100 | 100 |
| Vodafone Mobile Limited | Corporate | 23-Jul-13 | 27-Nov-13 | 120 | 118 |
| Irish School Programme II | Education | 23-Apr-13 | 19-Jun-13 | 100 | 100 |
| N11/N7 Motorway PPP | Infrastructure | 14-Jul-10 | 30-Apr-13 | 72 | |
| AIB Loan for SMEs and Midcaps | SMEs | 20-Nov-12 | 26-Apr-13 | 100 | |
| Bord Gáis Onshore Wind Programme | Energy | 07-Dec-12 | 23-Apr-13 | 90 | |
| EIF Development Capital Fund Ireland | EIF | 16-Sep-13 | 40 | 40 | |
| - | Total | 933 | 720 |
2012
| Project | Sector | Approval Date | Signature Date | Amount (EURm) Approved | Amount (EURm) Signed |
|---|---|---|---|---|---|
| AIB Loan for SMEs and Midcaps | SMEs | 20-Nov-12 | 21-Dec-12 | 200 | 100 |
| Bord Gáis Onshore Wind Programme | Energy | 07-Dec-12 | 23-Apr-13 | 90 | |
| Bord Gáis Onshore Wind Programme | Energy | 07-May-12 | 28-Nov-12 | 155 | 155 |
| Irish Water Investment Programme | Energy | 26-Oct-12 | 28-Nov-12 | 200 | 100 |
| Irish Schools Investment Programme | Education | 21-Jun-12 | 09-Nov-12 | 50 | |
| Irish School Programme | Education | 05-Jun-12 | 06-Jul-12 | 100 | 100 |
| Bank of Ireland Loan for SME II | SMEs | 15-Mar-12 | 100 | ||
| EIF Funding | 91.1 | ||||
| - | Total | 936.1 | 505 |
2011
| Project | Sector | Approval Date | Signature Date | Amount (EURm) Approved | Amount (EURm) Signed |
|---|---|---|---|---|---|
| AIB Loan for SMEs II | SMEs | 16-Nov-10 | 21-Dec-11 | 150 | |
| University College Dublin | Education | 10-May-11 | 17-Nov-11 | 90 | 90 |
| ESB Network and E-Cars Infrastructure | Energy | 15-Nov-11 | 17-Nov-11 | 235 | 235 |
| Irish Schools Investment Programme | Education | 21-Jun-11 | 50 | ||
| - | Total | 375 | 475 |
2010
| Project | Sector | Approval Date | Signature Date | Amount (EURm) Approved | Amount (EURm) Signed |
|---|---|---|---|---|---|
| AIB Loan for SMEs II | SMEs | 16-Nov-10 | 150 | ||
| Car Efficiency and Safety RDI RSFF | Industry | Date not available | 01-Oct-10 | 15 | 15 |
| Bord Gáis Whitegate CCGT | Energy | 18-Dec-09 | 02-Jul-10 | 197 | |
| Irish Schools Investment Programme | Education | Date not avaiable | 02-Jun-10 | 44 | 44 |
| N11/N7 Motorway PPP | Infrastructure | 14-Jul-10 | 75 | ||
| N17/N18 Motorway PPP | Infrastructure | 11-May-10 | 170 | ||
| Dublin Metro PPP Project | Infrastructure | 11-May-10 | 500 | ||
| - | Total | 954 | 256 |
2009
| Project | Sector | Approval Date | Signature Date | Amount (EURm) Approved | Amount (EURm) Signed |
|---|---|---|---|---|---|
| Bord Gáis Whitegate CCGT | Energy | 18-Dec-09 | 197 | ||
| Dublin Airport Terminal 2 (TEN) | Transport | 14-Jul-09 | 10-Nov-09 | 260 | 260 |
| ESB Renewable Programme | Energy | 18-Sep-09 | 28-Sep-09 | 200 | 200 |
| Eirgrid East-West Interconnector TEN-E | Energy | 22-Sep-09 | 28-Sep-09 | 300 | 300 |
| Bank of Ireland Loan for SME I | SMEs | 12-Mar-09 | 25-Mar-09 | 100 | 100 |
| AIB Loan for SME I | SMEs | 12-Mar-09 | 25-Mar-09 | 100 | 100 |
| Ulster Bank Loan for SME I | SMEs | 12-Mar-09 | 24-Mar-09 | 60 | 60 |
| - | Total | 1217 | 1020 |
2008
| Project | Sector | Approval Date | Signature Date | Amount (EURm) Approved | Amount (EURm) Signed |
|---|---|---|---|---|---|
| Trinity College Dublin (Bioscience Building) | Education | 26-Sep-08 | 27-Nov-08 | 75 | 75 |
| ESB Aghada Gas Fired Power Station | Energy | 25-Jul-08 | 26-Nov-08 | 175 | 175 |
| Dublin Airport Development -TEN | Transport | 20-Jun-08 | 200 | ||
| Total | 250 | 450 |
Total net funding approved and/or signed in 2008: 450m
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