Michael McGrath (Cork South Central, Fianna Fail)
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91. To ask the Minister for Environment, Community and Local Government the current credit rating of all commercial semi-State bodies operating under the aegis of his Department; and if he will make a statement on the matter. [23513/14]

Phil Hogan (Carlow-Kilkenny, Fine Gael)
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Irish Water is the only commercial semi-state company under the aegis of my Department. Irish Water does expect to seek a standalone credit rating in due course as a track record in revenue collection is built up.