Release date: 20 April 2010
Promoter – Financial Intermediary
United Utilities PLC / United Utilities Water PLC
Location
Description
United Utilities Water PLC provides water and wastewater services to a population of 6.8 million people in the North-West of England. The project forms part of United Utilities’ capital expenditure programme for the regulatory period 2010-15. It is driven primarily by the need to maintain service levels and improve water management against a backdrop of predicted climate change and demographic developments. The project also promotes ecoefficiency through energy and resource recovery from operations and renewables.
Objectives
Protection of the environment and sustainable communities.
Sector(s)
Proposed EIB finance (Approximate amount)
GBP 400 million.
Total cost (Approximate amount)
GBP 900 million.
Environmental aspects
The Promoter complies with the requirements of EU EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, 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 quality regulators independently monitor compliance with effluent discharge permits and drinking water quality standards.
Procurement
United Utilities PLC fully complies with the requirements of Procurement Directive 93/38/EC of June 1993 and its amendment 2004/17/EC as well as 93/37/EEC of 14 June 1993 for public works contracts, 93/36/EEC of 14 June 1993 for public supply contracts, 92/50/EEC of 18 June 1992 for public service contracts and their amendment Directive 2004/18/EC of 31 March 2004.
Status
Signed - 1/03/2011
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).