Release date: 2 September 2005
Promoter – Financial Intermediary
Northumbrian Water Group plcLocation
Description
The project comprises the first phase of Northumbrian Water’s capital programme for the 2005-2010 period, which is approved and monitored by the industry regulator OFWAT. The project consists of a large number of water supply and wastewater treatment schemes located throughout Northumbrian Water’s operating area.
Objectives
The proposed programme aims at supporting sustainable environmental and customer service standards set by EU and national legislation. The project will therefore contribute to improving the quality of life of the population living in the South-East and North-East of England.
Sector(s)
Proposed EIB finance (Approximate amount)
GBP 100 million
Total cost (Approximate amount)
Estimated to be about GBP 287 million
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 93/36/EEC, 93/37/EECm 93/38/EEC and 92/50/EEC, as amended. The borrower has confirmed that it complies fully with its requirements in reference to the Procurement Directive and its amendment.
Status
Signed - 18/11/2005
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).