Barry Cowen (Offaly, Fianna Fail)
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497. To ask the Minister for Communications, Climate Action and Environment the liability of companies (details supplied) for the execution of the national broadband plan contract; and if he will make a statement on the matter. [21690/19]

Richard Bruton (Dublin Bay North, Fine Gael)
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Granahan McCourt Dublin (Ireland) Limited and Tetrad Corporation are the investors responsible for providing all of the equity, working capital, performance related security and project deliverables. The contract for the delivery of the National Broadband Plan will be signed with National Broadband Ireland (NBI) whose ultimate parent company will be Granahan McCourt Dublin (Ireland) Limited. NBI is a new Company set up for the purposes of delivering the NBP.

National Broadband Ireland will be responsible for delivery of the contractual obligations under the contract.

Barry Cowen (Offaly, Fianna Fail)
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498. To ask the Minister for Communications, Climate Action and Environment the vehicle by which the State could enforce a liability against creditors of a company (details supplied) in the case that it runs into financial difficulties; and if he will make a statement on the matter. [21691/19]

Richard Bruton (Dublin Bay North, Fine Gael)
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The contract for the delivery of the National Broadband Plan will be signed with National Broadband Ireland (NBI) whose ultimate parent company will be Granahan McCourt Dublin (Ireland) Limited. NBI will be responsible for delivery of the obligations to the Minister under the contract. There are provisions in the NBP Contract which provide for monitoring of financial standing of NBI, its shareholders and certain other companies.