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        THAMES WATER AND WASTEWATER

        Signature(s)

        Amount
        € 221,336,874.72
        Countries
        Sector(s)
        United Kingdom : € 221,336,874.72
        Water, sewerage : € 221,336,874.72
        Signature date(s)
        4/10/2006 : € 221,336,874.72

        Summary sheet

        Release date
        17 August 2006
        Status
        Reference
        Signed | 04/10/2006
        20050002
        Project name
        Promoter - financial intermediary
        Thames Water and Wastewater
        Thames Water Utilities Ltd
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to GBP 150 million.
        Estimated cost to be about GBP 1.5 billion.
        Location
        Sector(s)
        Description
        Objectives

        The project includes water and wastewater treatment schemes located across Thames Water Utilities’ service area and included in the company’s capital expenditure programme for the 2005-2010 period, which is approved and monitored by the industry regulator OFWAT.

        The programme aims at supporting sustainable environmental and customer service standards set by EU and national legislation.

        Environmental aspects
        Procurement

        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.

        The project falls under the EU Procurement Directive 93/38/EEC amendment 98/4/EC. The borrower has confirmed that it complies fully with its requirements in reference to the Procurement Directive and its amendment.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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