Release date: 19 December 2003
Promoter – Financial Intermediary
Dwr Cymru Cyfyngedig (Welsh Water)
Pentwyn Road
Nelson, Treharris
Mid Glamorgan CF46 6LY
UK
Contact Point: Neil Webb
Location
Description
The project comprises numerous wastewater treatment schemes located throughout the Promoter’s operating area. Welsh Water’s capital programme has been approved and its implementation is closely monitored by the public sector water regulator, OFWAT, the Environmental Agency and the Drinking Water Inspectorate. A large part of the schemes is located in Regional Development Areas.
Objectives
The project aims at ensuring Welsh Water’s compliance with the revised EU Urban Waste Water Treatment Directive. All of the schemes included within the project focus on quality improvements and attainment of increasingly stringent environmental standards required by EU and national legislation.
Comments
Environment and Regional Development.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 35m.
Total cost (Approximate amount)
Estimated to be about GBP 95m for the period 2003-05.
Environmental aspects
The investments included within the project will serve to improve compliance with the EU Drinking Water Directive (98/83/EC), and to meet the 2005 deadlines of the Urban Waste Water Treatment Directive (91/271/EEC). The project will also help to meet national river quality objective (RQO) improvement targets set by the UK Environmental Agency, which are in line with the objectives of the EU Water Framework Directive.
Procurement
The programme falls under the Procurement Directive 93/38/EC and its amendment 98/4/EC. The promoter has confirmed to fully comply with its requirements.
Status
Signed - 12/08/2004
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).