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Signature(s)

Amount
€ 147,601,476.01
Countries
Sector(s)
United Kingdom : € 147,601,476.01
Transport : € 147,601,476.01
Signature date(s)
31/05/2005 : € 147,601,476.01
Link to source

Summary sheet

Release date
30 July 2004
Status
Reference
Signed | 31/05/2005
20040143
Project name
Promoter - financial intermediary
DLR Woolwich Arsenal Extension PPP Project
Docklands Light Railway Limited (DLR Limited). DLR Limited is a private limited company wholly owned by Transport Trading Limited, which is itself owned by Transport for London ("TfL") which is the Greater London Authority's organisation responsible for planning and provision of transport in London.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of senior debt.
n/a.
Location
Sector(s)
Description
Objectives

The Concessionaire will design, build, finance, maintain and make available to DLR Limited the 2.5-km Woolwich Extension (from London City Airport to Woolwich Arsenal) of the Docklands Light Rail for the purposes of DLR Limited operating a revenue-generating passenger train service.

The project is situated in an objective 2 area: Woolwich has been identified as a major regeneration area within the Thames Gateway to the East of London. The Woolwich area remains a depressed area containing some of the most deprived urban wards in England. Improvements in accessibility will be an important component in its economic regeneration.

Environmental aspects
Procurement

A detailed Environmental Statement has been produced and subjected to scrutiny at the Public Inquiry held in accordance with the Transport and Works Act procedure. The project does not lie within 5 km of any statutorily designated habitat sites. The Order, issued by the Secretary of State in February 2004, constitutes its formal environment approval.

The tender notice was published in the OJEU on 28/11/2003. DLR Limited issued the invitation to tender to four pre-qualified consortia on 16/04/2004. The bids are due on 01/09/2004 and preferred bidder is expected to be announced in 12/2004. Contract award is foreseen for first semester of 2005.

Comments

Urban Transport.

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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