Release date: 15 September 2014
Promoter – Financial Intermediary
PENNON GROUP PLCLocation
Description
Construction, operation and maintenance of an energy-from-waste (EfW) combined heat and power (CHP) plant in Cardiff, Wales.
Objectives
The project aims to construct and operate a waste incinerator (Energy from Waste (EfW) plant) in Cardiff, Wales, UK.
Comments
Sector(s)
- Solid waste - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
GBP 110 million (EUR 138 million)
Total cost (Approximate amount)
GBP 220 million (EUR 276 million)
Environmental aspects
The project concerns the construction of a waste incinerator (Energy from waste (EfW)) plant processing more than 100 t/day of residual waste from five authorities in Wales. Hence the project is subject to Annex I of the Environmental Impact Assessment (EIA) Directive 2011/92/EC. An environmental permit has been granted for the site. An integral permit according to the Industrial Emissions Directive (2010/75/EU) will be required by the competent authorities before the plant is put into operation.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (2004/17/EC/ or 2004/18/EC and 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 13/09/2018
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).