David Smith

I think it's a great question, Joe, and I think the debate's been quite narrow so far.

So the real question is, how do we make this sustainable and how do we make it additive to national infrastructure?

And how we are doing that is through a couple of different pillars.

So one is regionalization.

So we're developing these assets in parts of the country that aren't under as much pressure from an infrastructure perspective.

Non-urban environments.

We're doing it in a way which contributes to these regional economies, including renewal of brownfield assets.

And we're also doing it in a way which is additive to our national infrastructure and policy goals around things like renewables.

We can't have a 100% renewable grid tomorrow.

We need to build the transition assets.

We need to build the battery storage assets to enable that over time.

And that's what we're doing at Echelon.

So we've got a range of technologies across our assets.

So if I look at our asset in Arklow.

Which is underway.

which is underway today.

That's an asset which is going to create a 4.5 billion euro economic impact to that area.

4.5 thousand jobs during construction and 1,100 long-term jobs.

It's an asset where we are building our own on-site energy

generation assets and they're going to be powered not by diesel but by HVO by a hydro treated vegetable oil exactly Joe and what we're doing there is we've also entered into a joint venture to jointly develop infrastructure assets with an offshore wind farm so we're creating the investment case in this part of the country