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    Signature(s)

    Amount
    € 81,661,222.59
    Countries
    Sector(s)
    United Kingdom : € 81,661,222.59
    Transport : € 81,661,222.59
    Signature date(s)
    5/07/2013 : € 81,661,222.59
    Link to source

    Summary sheet

    Release date
    10 October 2012
    Status
    Reference
    Signed | 05/07/2013
    20120385
    Project name
    Promoter - financial intermediary
    UK PORTS UPGRADE - PORT OF SOUTHAMPTON
    ASSOCIATED BRITISH PORTS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 87 million (GBP 70 million)
    EUR 174 million (GBP 140 million)
    Location
    Sector(s)
    Description
    Objectives

    Upgrade of container berths and marine access channel at the Port of Southampton to accommodate large container vessels

    The project aims at providing the infrastructure needed to accomodate the current and next generation of ultra-large container ships which are expected to be deployed on the Far East-Europe routes.

    Environmental aspects
    Procurement

    The upgrading of berths 201-202 has been the subject of a full EIA, including environmental impact studies (EIS), biodiversity assessments, and public consultation. The EIS non-technical summary (NTS) has been provided to the Bank. EIA procedures for the marine access channel deepening and widening works are underway. Compliance with the SEA directive, the Water Framework Directive, climate change adaptation issues, the EIA process and status of authorisations, biodiversity assessment requirements, residual impacts of the project, as well as compensation measures and monitoring for the project will be reviewed during appraisal.

    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/EEC 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) - UK PORTS UPGRADE - PORT OF SOUTHAMPTON
    Publication Date
    12 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    66412029
    Document Focus
    Environmental Information
    Project Number
    20120385
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - UK PORTS UPGRADE - PORT OF SOUTHAMPTON
    Publication Date
    14 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    79026575
    Document Focus
    Environmental Information
    Project Number
    20120385
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    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.
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