Written answers
Thursday, 7 July 2016
Department of Environment, Community and Local Government
Irish Water Funding
Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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128. To ask the Minister for Environment, Community and Local Government to provide a breakdown for each of the years 2015 to 2021, of the Irish Water capital programme funding, broken down by equity and debt portions in nominal and percentage terms. [20246/16]
Simon Coveney (Cork South Central, Fine Gael)
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The following table provides details of Irish Water's capital investment programme, as presented in Irish Water's Business Plan 2014 - 2021 as well as the level of capital contribution from the State in the period to 2016.
| Funding of Irish Water | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | Totals 2014 - 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Capital Programme: | €m | €m | €m | €m | €m | €m | €m | €m | €m |
| Capital Investment Plan (Core Infrastructure) | 343 | 391 | 522 | 533 | 595 | 777 | 728 | 806 | 4,694 |
| Metering | 220 | 277 | 77 | 574 | |||||
| Irish Water Programme | 28 | 13 | 2 | 43 | |||||
| LA Balance Sheet | 53 | 150 | 203 | ||||||
Total Capex | 644 | 831 | 601 | 533 | 595 | 777 | 728 | 806 | 5,514 |
| Funded by | |||||||||
| - Capital Contribution/Equity from Government | 239 | 222 | 184 |
- The balance is funded by a mix of debt and income from operations, with the investment programme for the period from 2017 subject to future review by the CER, and Government funding being subject to future budgetary decisions.
Note: The capital contribution provided by Government for Irish Water in respect of 2015 was paid to Irish Water in 2014.
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