Release date: 6 August 2013
Promoter – Financial Intermediary
UNITED UTILITIES WATER PLCLocation
Description
Climate change and environmental investments related to water supply & wastewater treatment infrastructure in the North West of England 2013-15 (AMP5 - Phase II).
Objectives
EU Directive compliance in the areas of water and environment is a strong driver behind the investment Programme. It includes a major wastewater treatment works extension in Liverpool required for compliance with the Urban Wastewater Treatment Directive as well as achievement of good ecological and chemical status in the Mersey Estuary under Water Framework Directive.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 925 million (GBP 750 million)
Total cost (Approximate amount)
EUR 1850 million (GBP 1500 million)
Environmental aspects
The Promoter complies with the requirements of EU EIA Directive 2011/92/EU, as well as Article 6 of the Habitats Directive 92/43/EEC. The Promoter carries out Environmental Impact Assessment procedures where required by the competent authorities and mitigating measures are applied as appropriate. The drinking water quality and environmental regulators independently monitor compliance with drinking water quality standards and effluent discharge permits
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation Dir 2004/18/EC and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 19/12/2013
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).