Release date: 25 January 2011
Promoter – Financial Intermediary
Anglian Water Services Ltd
Location
Description
Improvement of water supply and wastewater treatment infrastructure in East Anglia and the East Midlands (2010-15 / AMP5-I).
Objectives
The Programme forms part of the Promoter’s capital expenditure programme for the regulatory period 2010-15, with individual schemes located throughout the whole service area. It is driven primarily by the need to upgrade environmental performance and service levels as well as improve reliability of assets. The Programme also promotes ecoefficiency through energy recovery from sanitation. About one quarter of the investments will be specifically targeted towards Climate Change Action. The industry economic regulator OFWAT with the Environmental Agency and the Drinking Water Inspectorate (“quality regulators”) closely monitor the planning and implementation of the investment programme to ensure EU quality standards.
Sector(s)
Proposed EIB finance (Approximate amount)
GBP 300 million
Total cost (Approximate amount)
Estimated at GBP 750 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 and environmental regulators independently monitor compliance with effluent discharge permits and drinking water quality standards.
Procurement
The Promoter 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 - 31/10/2011
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).