Release date: 14 June 2007
Promoter – Financial Intermediary
Northumbrian Water Group plc
Northumbria House, Abbey Road, Pity Me
DURHAM DH1 5FJ
United Kingdom
Attn. Mr David MARTIN, Group Treasurer.
Location
Description
The Project comprises the second phase of Northumbrian Water’s capital programme for the 2005-2010 period (AMP 4), 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)
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 Promoter has confirmed that it complies fully with its requirements in reference to the Procurement Directive and its amendment.
Status
Signed - 8/05/2008
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).