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Irish Independent - Business Week - - Technology -

trig­ger hasn’t yet been re­vealed by SSE Ire­land boss Stephen Wheeler, who was ini­tially an en­thu­si­as­tic ad­vo­cate for the plan.

“It’s a nat­u­ral next step,” Wheeler told me late last year. “I don’t think that any­one can dis­pute that broad­band in the fu­ture is an es­sen­tial ser­vice. The next step for us is net­works.”

But not with Enet and the NBP, it seems. SSE is a large FTSE 100 com­pany with an­nual rev­enues of al­most €40bn. It may have come around to the idea that the NBP had too many un­fore­seen down­sides, from the per­spec­tive of time man­age­ment and reg­u­la­tory is­sues, com­pared to the po­ten­tial up­sides.

Does Enet need to re­place SSE?

What about the State’s ex­po­sure to Enet’s suc­cess or fail­ure?

This is a back­ground is­sue worth keep­ing in mind – 78pc of Enet is owned by the Ir­ish In­fra­struc­ture Fund (IIF), a pri­vate fund which is backed by the State’s Ire­land Strate­gic In­vest­ment Fund (ISIF) to the tune of €250m. That €250m

The next step for SSE was to be net­works — but not with Enet and the NBP it seems

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