Customer payments crucial for upgrades
Published 16/07/2015 | 02:30
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.
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.