Dáil Éireann Debate, Tuesday - 1 July 2025
472. Deputy Mairéad Farrell asked the Minister for Housing, Local Government and Heritage to outline Uisce Éireann’s current borrowing limits; its total borrowings; the source of these borrowings, in tabular form; and if he will make a statement on the matter. [35725/25]
Amharc ar fhreagraUisce Éireann has a statutory borrowing limit of €2 billion as per section 35 of the Water Services (No. 2) Act 2013. In June 2020, the Minister for Finance provided a term loan facility to Uisce Éireann to the end of 2024.
Uisce Éireann Debt Draw Down by Year
|
2020 |
2021 |
2022 |
2023 |
2024 |
Total |
|
€372m |
€130m |
€112m |
€201m |
€184m |
€999m |
The NTMA provides a €350 million credit facility to Uisce Éireann to fund short-term working capital funding requirements. The facility is not intended as funding for long-term capital investment with the loan balance cleared at year end.
Uisce Éireann no longer has any commercial borrowings other than a €10m bank overdraft facility.
