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    Signature(s)

    Amount
    € 109,163,383.54
    Countries
    Sector(s)
    United Kingdom : € 109,163,383.54
    Solid waste : € 54,581,691.77
    Energy : € 54,581,691.77
    Signature date(s)
    15/03/2013 : € 21,581,691.77
    15/03/2013 : € 21,581,691.77
    15/03/2013 : € 33,000,000
    15/03/2013 : € 33,000,000

    Summary sheet

    Release date
    8 March 2012
    Status
    Reference
    Signed | 15/03/2013
    20110488
    Project name
    Promoter - financial intermediary
    South West Devon Waste-to-Energy CHP Plant

    MVV ENERGIE AG

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to GBP 110 million (EUR 124.21 million)
    GBP 220 million (EUR 248.42 million) – Amount will be verified during appraisal
    Description
    Objectives

    The project concerns the design, construction, operation and maintenance of a 245,000 t/yr waste-to-energy combined heat and power (CHP) plant under a Private Finance Initiative (PFI) contract with the South West Devon Waste Partnership (SWDWP). The project will be implemented at North Yard, Devonport, directly adjacent to a HM Naval Base. The produced electricity and heat will for the most part be supplied to the dockyard and the Naval Base under a 25 year contract. The site is currently used as an aggregate storage area. Traffic connections are existing and will be improved as part of the project. The planned facility poses no problem with spatial planning objectives for the site. In addition to municipal residual waste from the SWDWP region, the facility will receive commercial and industrial waste.

    The project concerns the design, construction, operation and maintenance of a 245,000 t/yr waste-to-energy combined heat and power (CHP) plant under a Private Finance Initiative (PFI) contract with the South West Devon Waste Partnership (SWDWP). The project will be implemented at North Yard, Devonport, directly adjacent to a HM Naval Base. The produced electricity and heat will for the most part be supplied to the dockyard and the Naval Base under a 25 year contract. The site is currently used as an aggregate storage area. Traffic connections are existing and will be improved as part of the project. The planned facility poses no problem with spatial planning objectives for the site. In addition to municipal residual waste from the SWDWP region, the facility will receive commercial and industrial waste.

    Environmental aspects
    Procurement

    The project comprises a waste-to-energy CHP plant that will enable diversion of solid waste from landfills. The project falls under Annex 1 of the EIA Directive and the Promoter has completed the EIA. The Environment Agency has completed their technical determination of the permit application and issued a decision document and permit on 6th of March 2012. The Promoter has received a planning permission on 3rd of February 2012. Planning permission and Environmental Permit are currently in the judicial review period.

    The project company was selected through a competitive dialogue procedure in accordance with the Public Procurement Directive 2004/18/EC. The process started in 2008 and was concluded through contract signature in March 2011. The project company will apply private procurement procedures for implementation of the project.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - SW DEVON WASTE-TO-ENERGY CHP PLANT
    Publication Date
    12 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    66413009
    Document Focus
    Environmental Information
    Project Number
    20110488
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SW DEVON WASTE-TO-ENERGY CHP PLANT
    Publication Date
    9 Mar 2017
    Document language
    Main Topic
    Lending
    Document Number
    73276643
    Document Focus
    Environmental Information
    Project Number
    20110488
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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.

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