Project Information
Project description:

Deliver waste management services for the diversion of municipal solid waste from landfill. A new energy from waste plant will be build with capacity to treat between 150-175,000 tonnes of residual waste a year. Location, subject to approval, is on a site at Javelin Park.

There will be an option to extend the partnerships to 35 years.

The project was originally formulated as a PFI scheme, with the council receiving £92m in PFI credits. However, the credits were withdrawn as part of the 2010 Comprehensive Spending Review, but the council has decided to continue with the procurement through a PPP model.

Related articles:
26/02/2013 - Gloucestershire waste PPP signs
13/09/2012 - Go-ahead for Gloucestershire waste
30/01/2012 - Council backs Gloucestershire waste
15/12/2011 - Waste deals choose bidders
17/03/2011 - Gloucestershire pushes waste PPP

Type: PPP
Sector: Waste & water
Government deptartment: UK - Department for Environment Food & Rural Affairs
Region: UK - - South West
Current status: Project Signed - 26/02/2013
Contract Terms
Duration: 25 years
Capital value: £180.00m
Public Sector Procuror Details
Authority/Commssioning body: Gloucestershire County Council
Public sector contact: Rachel Ferris
Tel: +44 (0)1452 426 524
Public sector advisors: RPS - Technical Advisors
Eversheds - Legal Advisors
Ernst & Young - Financial Advisors
Private Sector Details
Consortium name: Balfour Beatty / Urbaser consortium
Private sector shareholders: Urbaser - Shareholders
Balfour Beatty Plc - Shareholders (30% stake)
Private sector advisors: Mott MacDonald - Technical Advisors
Grant Thornton - Financial Advisors
Norton Rose Fulbright - Legal Advisors
Private sector debt-providers: SMBC Europe Limited - Debt Providers
Nord LB - Debt Providers
BayernLB - Debt Providers
Green Investment Bank - Debt Providers
Private Sector Shortlist
Consortium name: Complete Circle
Private sector shareholders: John Laing - Shareholders
Keppel Seghers - Shareholders
United Utilities Plc - Shareholders

This page was last updated on:
26 February 2013.


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