Northumbrian Water XII

Promoter – Financial Intermediary

Northumbrian Water Limited Northumbria HouseAbbey Road, Pity MeDurham DH1 5FJUKContact Point: David Martin

Location

• United Kingdom

Description

The project comprises numerous water supply and wastewater treatment schemes located throughout the Promoter's operating area. Northumbrian Water's capex programme for the 2000-2005 period has been approved by the industry regulator, OFWAT, and implementation is closely monitored by the Regulator, the Environmental Agency and the Drinking Water Inspectorate. A large proportion of the schemes is located in Regional Development Areas.

Objectives

The project aims at ensuring Northumbrian Water's compliance with the revised EU Drinking Water Directive and the Urban Waste Water Treatment Directive. All of the schemes included within the project focus on quality improvements and attainment of increasingly stringent environmental standards required by EU and national legislation.

Sector(s)

• Water, sewerage

Proposed EIB finance (Approximate amount)

Up to GBP 100 mio

Total cost (Approximate amount)

Estimated to be about GBP 440m for the period 2000-2005.

Environmental aspects

The investments included within the project will serve to improve compliance with the EU Drinking Water Directive (98/83/EC), and to meet the 2005 deadlines of the Urban Waste Water Treatment Directive (91/271/EEC). The project will also help to meet national river quality objective (RQO) improvement targets set by the UK Environmental Agency, which are in-line with the objectives of the EU Water Framework Directive.

Procurement

The programme falls under the Procurement Directive 93/38/EC and its amendment 98/4/EC. The promoter has confirmed to fully comply with its requirements.

Status

Signed - 23/10/2002