News Editorial

Sunday 4 December 2016

Customer payments crucial for upgrades

Published 16/07/2015 | 02:30

Irish Water faces an enormous challenge ahead
Irish Water faces an enormous challenge ahead

Crucial to the success of Irish Water will be its ability to upgrade the network, which will require at least €600m a year for the foreseeable future.

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Given that the Government has only committed to funding the utility until the end of 2016, it will be reliant on international lenders to provide the necessary financing.

To secure that money at the best possible rates, the markets will look at the company's revenue streams.

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