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Signature(s)

Amount
€ 201,181,943.92
Countries
Sector(s)
United Kingdom : € 201,181,943.92
Energy : € 201,181,943.92
Signature date(s)
3/12/2014 : € 201,181,943.92
Link to source

Summary sheet

Release date
2 August 2013
Status
Reference
Signed | 03/12/2014
20130152
Project name
Promoter - financial intermediary
WWU 2013-16 GAS DISTRIBUTION
WALES & WEST UTILITIES LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 185 million (GBP 160 million)
EUR 475 million (GBP 410 million)
Location
Sector(s)
Description
Objectives

Part financing Wales & West Utilities’ 2013-16 capex programme to modernise and expand the gas distribution network in the south west of the UK.

The project is part of the Promoter’s on-going investment programme to upgrade and expand the gas distribution networks in its area of operations. The project will allow the Promoter to reinforce and continue developing the distribution networks to meet growth in both average and peak demand, as well as upgrading the system’s operations.
The project includes activities in the EU convergence regions of West Wales and Cornwall.

Environmental aspects
Procurement

Current information suggests that none of the project components will require an EIA per the Environmental Impact Assessment Directive (2011/92/EU).

The investments under the project are subject to the national and EU procurement provisions defined for entities operating in the water, energy, transport and postal services sectors

Link to source
Other links

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).

Documents

Environmental and Social Data Sheet (ESDS) - WWU 2013-16 GAS DISTRIBUTION
Publication Date
17 Jan 2014
Document language
Main Topic
Lending
Document Number
48901776
Document Focus
Environmental Information
Project Number
20130152
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - WWU 2013-16 GAS DISTRIBUTION
Publication Date
16 Nov 2017
Document language
Main Topic
Lending
Document Number
78729641
Document Focus
Environmental Information
Project Number
20130152
Sector(s)
Regions
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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