Written answers
Thursday, 6 November 2014
Department of Environment, Community and Local Government
Irish Water Administration
Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
238. To ask the Minister for Environment, Community and Local Government if Irish Water has been rated by credit rating institutions to date; and if he will make a statement on the matter. [42665/14]
Alan Kelly (Tipperary North, Labour)
Link to this: Individually | In context | Oireachtas source
Irish Water is a non-consolidated subsidiary of Ervia and does not, at this point in time, have a separate credit rating. Ervia has an investment grade credit rating from each of Standard & Poor’s and Moody’s. Each of these ratings reflects the current relationship between Ervia and Irish Water. It is Ervia's intention to seek a stand alone credit rating for Irish Water at an appropriate time in the future.
No comments