Release date: 3 March 2011
Promoter – Financial Intermediary
CITY OF YORK COUNCIL NORTH YORKSHIRE COUNTY COUNCIL
The Project concerns the design, construction, operation and maintenance of waste treatment facilities that will enable energy and materials recovery from residual waste generated in North Yorkshire and the City of York, England.
The project will contribute to meeting the region’s targets for diversion of biodegradable and other waste from landfills, complement up-stream efforts on recycling, and enable recovery of energy from waste.
- Solid waste - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
GBP 152 million (EUR 178 million)
Total cost (Approximate amount)
GBP 320 million (EUR 373 million)
The project consists of waste treatment facilities that will enable recyclables and energy recovery from the residual waste stream. The facilities will be constructed on a site currently used for sand and gravel screening and vehicle storage, which is located adjacent to a landfill. The project will reduce the amount of waste that is disposed on landfills and it will enable recovery of energy and some recyclables from the residual waste.
Procurement for this project has been carried out according to UK PFI regulations. Following a competitive dialogue with short listed bidders, a preferred bidder was chosen in July 2010. The preferred bidder intends to implement the project through an EPC contract for the waste incinerator, and design-build-commissioning contracts and a separate civil and building works contract for the other project facilities.
Signed - 30/10/2014
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).