Dáil Éireann Debate, Wednesday - 13 May 2026
29. Deputy Cian O'Callaghan asked the Tánaiste and Minister for Finance to break down by recipient the funds scheduled for Strategic Capital Investment in each calendar year 2026 through 2030, as set out in Table 12 of the Annual Progress Report 2026; and if he will make a statement on the matter. [35426/26]
View answerThe fiscal projections published in last month’s Annual Progress Report incorporated €10 billion in strategic capital investments across the forecast horizon (2025-2030). These investments are transfers from the Exchequer that will be used to fund the delivery of key projects in the energy, water, transport and housing sectors.
Of the €10 billion, approximately €3.5 billion is available to the ESB and EirGrid to fund enhancements to the energy grid capacity. The first tranche of strategic capital investment, a transfer of €1.5 billion from the Exchequer to the ESB, took place last year.
€2 billion will be made available to Uisce Éireann to enable the delivery of 300,000 additional homes and a further €2.5 billion will be made available to fund large-scale water infrastructure projects. €2 billion will made available to fund low-carbon transportation such as MetroLink.
As noted in the publication, the Annual Progress Report incorporates a technical assumption for the timing and profiling of future transfers, which are yet to be agreed.
The Medium-Term Fiscal and Structural Plan also incorporates a further €4 billion in capital expenditure from 2028 at which point the NDP is due to be reviewed.
