|Project name:||UK: Gloucestershire Waste PPP|
The UBB consortium, comprising Balfour Beatty and waste specialist Urbaser, has agreed the deal to design, build, finance and operate an energy from waste plant with Gloucestershire County Council.
Debt on the deal is being provided by Nord LB, Bayern LB, SMBC and the Green Investment Bank.
Although the project initially signed in February 2013, that was dependent on planning permission being approved, but this was subsequently refused by Gloucesterhsire County Council's planning committee. That decision left the deal in doubt, before then-Communities Secretary Eric Pickles overruled the committee and said that the scheme should go ahead.
In November last year, the deal was finally given the go-ahead by the county council.
21 January 2016 - FC for Gloucester waste
8 January 2015 - Pickles backs Gloucs waste PPP
|Sector:||Waste & water|
|Government deptartment:||UK - Department for Environment Food & Rural Affairs|
|Region:||UK - - South West|
|Current status:||Project Signed - 21/01/2016|
|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
EY - Financial Advisors
|Private Sector Details|
|Consortium name:||Balfour Beatty / Urbaser consortium|
|Private sector shareholders:||Urbaser - Shareholders
Balfour Beatty - 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
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