Written answers
Wednesday, 1 December 2021
Department of Communications, Climate Action and Environment
National Broadband Plan
Catherine Murphy (Kildare North, Social Democrats)
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50. To ask the Minister for Communications, Climate Action and Environment if the long-term financial stability of each company in the consortium was assessed and or future-proofed with due diligence forecast assessed in the course of awarding the NBP contract (details supplied). [59167/21]
Catherine Murphy (Kildare North, Social Democrats)
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51. To ask the Minister for Communications, Climate Action and Environment if he is satisfied that the companies that form part of the NBP consortium will be able to provide services for the duration of the 25-year contract in the context of the NBP (details supplied). [59168/21]
Eamon Ryan (Dublin Bay South, Green Party)
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I propose to take Questions Nos. 50 and 51 together.The financial capability and capacity of each consortium member was assessed prior to awarding the NBP contract and guarantees were entered regarding equity commitments. The NBP contract contains sufficient mechanism to monitor ongoing financial stability of the project which includes financial reporting requirements.
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