Release date: 17 August 2006
Promoter – Financial Intermediary
Thames Water Utilities LtdLocation
Description
The project includes water and wastewater treatment schemes located across Thames Water Utilities’ service area and included in the company’s capital expenditure programme for the 2005-2010 period, which is approved and monitored by the industry regulator OFWAT.
Objectives
The programme aims at supporting sustainable environmental and customer service standards set by EU and national legislation.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 150 million.
Total cost (Approximate amount)
Estimated cost to be about GBP 1.5 billion.
Environmental aspects
The schemes included in the project fall under Annex II of Directive 97/11/EC. Environmental Impact Assessment (EIA) procedures are carried out where required by the competent authorities and mitigating measures are applied as appropriate.
Procurement
The project falls under the EU Procurement Directive 93/38/EEC amendment 98/4/EC. The borrower has confirmed that it complies fully with its requirements in reference to the Procurement Directive and its amendment.
Status
Signed - 4/10/2006