Project Information
Project name: UK: Wheelabrator Parc Adfer plant PPP
Project description:

The Parc Adfer scheme at Deeside Industrial Park in Flintshire has finally reached financial close between five local authorities and private partner, Wheelabrator.

Debt on the project was provided by the Green Investment Bank, which has pledged £35m, plus contributions from private banks Natixis, Siemens Bank, Mitsubishi UFJ Financial Group (MUFG) and Barclays.

Wheelabrator, which won the scheme in April 2014 having become the sole bidder on the project, will deliver the 18.8 MW energy-from-waste plant by the end of 2019. Constructions industrielles de la Mediterranes (CNIM) will build the facility, with Wheelabrator operating and managing it.

The five local authorities include Flintshire County Council, Denbighshire County Council, Gwynedd Council, Isle of Anglesey County Council and Conwy County Borough Council.

Related headlines:

16 December 2016 - FC for Welsh waste PPP 

17/04/2014 - Winner for North Wales waste PPP

24/08/2012 - North Wales waste down to two

05/04/2011 - Final three for North Wales Waste

25/02/2011 - North Wales waste project nears final shortlist 

Type: PPP
Sector: Waste & water
Government deptartment: UK - Department for Environment Food & Rural Affairs
Region: UK - Wales
Current status: Project Signed - 16/12/2016
Contract Terms
Duration: 25 years
Capital value: £180.00m
Public Sector Procuror Details
Authority/Commssioning body: Flintshire County Council
Isle of Anglesey County Council
Gwynedd Council
Conwy County Borough Council
Denbighshire County Council
Public sector contact: Steffan Owen
Tel: 01352 704915
Private Sector Details
Consortium name: Wheelabrator consortium
Private sector shareholders: Wheelabrator Technologies - Shareholders
Private sector sub-contractors: CNIM group - Subcontractor - Construction
Private sector debt-providers: Green Investment Bank - Debt Providers
Natixis - Debt Providers
Siemens Business Services Ltd - Debt Providers
Mitsubishi UFJ Financial Group - Debt Providers
Barclays Bank Plc - Debt Providers
Private Sector Shortlist
Consortium name: Sita UK consortium
Private sector shareholders: SITA - Shareholders

This page was last updated on:
16 December 2016.


Phil’s fillip

The Autumn Budget did offer some signs of potential, but delivery remains a big question


‘A Great Journey’

Phillip Hall, MUFG’s head of structured finance for EMEA, tells Paul Jarvis how the bank is evolving to thrive in the changing PPP world


Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...