The break even point for us is estimated at about 30 years, so you have a point, but if you can point out any business that looks at returns over that time frame, they don’t operate in utilities.

And on your other point, not being exposed to wind and rain doesn’t mean underground cables aren’t susceptible to damage, rats love chewing cables, builders love ignoring prints etc and the time and costs involved in putting things back in the ground are, like I said, dramatically higher.