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Signature(s)

Amount
€ 148,099,391.15
Countries
Sector(s)
United Kingdom : € 148,099,391.15
Energy : € 148,099,391.15
Signature date(s)
22/12/2009 : € 148,099,391.15
Link to source

Summary sheet

Release date
12 April 2006
Status
Reference
Signed | 21/12/2006
20060070
Project name
Promoter - financial intermediary
United Utilities Electricity Distribution

United Utilities Electricity PLC (UUE)
Dawson House, Great Sankey
Warrington WA5 3LW
United Kingdom

Attn. Mr. Brendan MURPHY
Assistant Treasurer

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to GBP 200 million
Up to GBP 685 million
Location
Sector(s)
Description
Objectives

The Project comprises up to four years of a multi-annual investment programme to renew, reinforce and extend the electricity distribution network to comply with licence obligations, and provide new customer connections.

The project will enable the promoter to cater for demand growth, reduce supply interruptions, and improve the reliability and quality of its electricity distribution network. The project will also improve visual amenity by replacing overhead lines with underground cables in National Parks and Areas of Outstanding Natural Beauty.

Environmental aspects
Procurement

The Project falls under Annex II of the Environmental Directive 85/337/EEC as amended by 97/11/EC, leaving it to the national competent authority to decide whether an EIA, or EIAs, would be required. A number of the project schemes address environmental or visual amenity issues. Any requirement by the UK authorities for EIAs will be addressed prior to commencement of works along with other aspects of compliance with applicable national and EU environmental legislation.

The Promoter will ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/17), with parallel publication of tender notices in the Official Journal of the EU as and where appropriate.

Comments

Electricity, gas and water supply

Link to source

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).

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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.

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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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