Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 725,927,955.07
Countries
Sector(s)
United Kingdom : € 725,927,955.07
Water, sewerage : € 725,927,955.07
Signature date(s)
26/02/2015 : € 725,927,955.07
Link to source

Summary sheet

Release date
27 February 2013
Status
Reference
Signed | 26/02/2015
20110482
Project name
Promoter - financial intermediary
SEVERN TRENT CLIMATE ACTION
SEVERN TRENT WATER LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 678 million (GBP 600 million)
EUR 1355 million (GBP 1200 million)
Description
Objectives

Financing of the second phase of the regulated investment programme of Severn Trent Water Ltd, one of the UKs largest water and sewage utilities, including a number of Climate Action-related components, for a total amount of GBP 1.2bn over the period 2013-15.

The project is supporting Severn Trent climate action programme.

Environmental aspects
Procurement

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 quality and environmental regulators independently monitor compliance with effluent discharge permits and drinking water quality standards.

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 2004/17/EC/ or 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Link to source

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) - SEVERN TRENT CLIMATE ACTION
Publication Date
7 Jan 2014
Document language
Main Topic
Lending
Document Number
48636717
Document Focus
Environmental Information
Project Number
20110482
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - SEVERN TRENT CLIMATE ACTION
Publication Date
16 Nov 2017
Document language
Main Topic
Lending
Document Number
79725783
Document Focus
Environmental Information
Project Number
20110482
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

Related publications