corporate_banner_en

Thames Water AMP4 - II

Projects
Regions
European Union
Enlargement countries
European Free Trade Association
Mediterranean Neighbourhood
FEMIP Overview
Maximizing synergies
Financing & advisory services
Loans
Private equity
Advisory services
FEMIP Support Package
Procurement for TA operations
How to apply
Trust Fund
Technical advisory
Private equity
Organisation and staff
FEMIP Internship Programme
FEMIP Secondment Programme
FAQ - FEMIP
EU Eastern Neighbours
Projects
Cooperation with other institutions and organisations
Financing facilities
Trust fund
Examples of EPTATF Operations
Institutional framework
Applying for loans
Organisation and staff
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Applying for loans
Organisation and staff
Sub-Saharan Africa, Caribbean and Pacific
Funding and Financial Instruments
Applying for loans
Cooperation with partners
Investment Facility
Other initiatives
Activities
Asia and Latin America
Priorities
SMEs
Innovative options
Loans
Microfinance
EU partners for SMEs & mid-caps
Non-EU partners for SMEs & mid-caps
RDI support
Equity investment
Regional development
Climate Action
Activities
Financial instruments and advice
Climate Mainstreaming
Urban & natural environment
Innovation
Skills and Jobs
Trans-European Networks
Transport
Energy
Project Cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Projects to be Financed
Explanatory notes
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Projects Financed
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Multi-criteria list
Operations Evaluation
Process and methodology

Thames Water AMP4 - II

  •  Reference: 20080459
  •  Release date: 18 March 2009
Promoter – Financial Intermediary

Public entity(ies)

Location
Description

Improvement of water and waste water infrastructures in London and the Thames Valley.

Objectives

The project consists of a large number of water supply and wastewater improvement schemes located in London and the Thames Valley, which comprise the second phase of TWU’s capital programme for the 2005-2010 period. The capital programme is driven by the need to maintain the existing asset base, raise efficiency, secure supply and service to customers as well as to increase drinking water quality and to comply with EU Directives. The industry regulator OFWAT, together with the Environmental Agency (EA) and the Drinking Water Inspectorate (DWI), have specifically approved the proposed investments and will closely monitor their planning and implementation to ensure that the required quality standards are met. The project will therefore contribute to maintaining the borrower’s compliance with the highest applicable national and EU environmental standards.

Comments
 
Sector(s)
Proposed EIB finance (Approximate amount)

GBP 300 million.

Total cost (Approximate amount)

GBP 600 million.

Environmental aspects

The promoter complies with the requirements of Directive 97/11/EC. The promoter carries out Environmental Impact Assessment (EIA) procedures where required by the competent authorities and mitigating measures are applied as appropriate. TWU’s compliance with effluent discharge permits and drinking water quality standards is independently monitored by the EA and the DWI. It is the EA and the DWI that determine TWU’s framework for the environmental investments for each regulated period. Based on EA’s and DWI’s requirements, TWU proposes to the regulator a set of necessary environmental investments. Each environmental investment proposal is then reviewed by an independent consultant appointed by the regulator before being approved and taken into consideration in the regulator’s price setting. The implementation and compliance of each environmental scheme is monitored by the local offices of EA as well as by the DWI. The project is expected to be compliant with Article 6 of the Habitats Directive 92/43/EEC; however, details will be assessed during appraisal.

Procurement

The programme falls under Procurement Directive 93/38/EC and its amendment 98/4/EC. TWU fully complies with the requirements of EU Directives on procurement and has an impeccable track record from past projects. It applies a policy of international tendering for large contract packages, with annual publication of the investment programme in the Official Journal, in accordance with EU Directives.

Status

Signed   -   19/11/2009.

Related Documents
  • 17-07-2009 - Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) EN

Disclaimer

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).



 Print
Copyright © European Investment Bank 2013
The European Investment Bank is not responsible for the content of external internet sites.

http://www.eib.org/projects/pipeline/2008/20080459.htm