South West Water (SWW) provides water and wastewater services to a population of 1.6 million people in the South-West of England, in the counties of Cornwall and Devon, as well as smaller areas within Dorset and Somerset. The investment programme was approved by the economic regulator OFWAT in 2009 as part of the expenditure programme for the regulatory period 2010-15 (Asset Management Plan 5). The investments are driven by EU Directive compliance in the areas of wastewater, bathing waters and protection of aquatic life. In addition there is significant focus on reduction of flooding due to insufficient wastewater system capacity and creating efficiencies and energy recovery in operations, with benefits in terms of climate change resilience and mitigation.
- Environmental Protection
- Renewable Energy and Energy Efficiency
- Climate Action
- Economic and Social Cohesion
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.
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.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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.
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.