tunnelling-journal (1)
tunnelling-journal (1)
  • Home
  • Print
    • Subscribe
    • Tunnelling Journal
    • Breakthrough
    • ITA Activity Report
    • A&NZ Journal
    • WTC Preview
    • Media Kit
  • Digital
    • Newsletter
    • E-Shots
    • Products Page
    • Media Kit
  • Conferences
    • BTS Conference and Exhibition
    • Cutting Edge 2021
  • Buyer’s Guide
  • Events Diary
  • Jobs
  • About Us
  • Contact Us
  • Podcast

Home > UBS to assist in Super Sewer financing

UBS to assist in Super Sewer financing

Tris Thomas

Written by Tris Thomas on 24/10/2012 in News

Tagged:

Thames Water has confirmed to TJ that it has hired Swiss Bank UBS to ‘provide financial advice’ in relation to delivering the £4.1bn, 32km long, 7.2m diameter Thames Tideway Tunnel project, or Super Sewer as it has been nick-named.

“The project is expected to be delivered by a regulated Infrastructure Provider, which will hold its own license issued by Ofwat. The ownership and financing of the Infrastructure provider will be kept separate from Thames Water,” said a Thames Water spokesperson, “Thames Water is working closely with Government and Ofwat to develop the financing solution for the project. UBS have been hired to provide financial market expertise to refine the financing solution for the Infrastructure Provider ahead of launching the procurement process next year.”

Construction of the ‘supersewer’ is expected to start by 2016 and take seven years to complete.

Comments:

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Digital Edition

More Like This

07/10/2020

Atkinson/Technique Joint Venture completes Atlanta water tunnel drive

Atkinson/Technique Joint Venture completes Atlanta water tunnel drive

October 6th, 2020 saw the Atkinson/Technique Joint Venture complete tunnelling on a short drive through 109m (356’) of varying stiff…

05/01/2021

VTA releases RFQ for BART Phase II Extension

VTA releases RFQ for BART Phase II Extension

The Santa Clara Valley Transportation Authority (VTA) has released a Request for Qualifications (RFQ) to identify potential contractors that qualify…

11/12/2020

Sydney Western Harbour Tunnel shortlist announced

Sydney Western Harbour Tunnel shortlist announced

Australia’s NSW Government has taken the next step towards delivering the 6.5km long twin-tube Western Harbour Tunnel by finalising its…

  • Contact Us
  • Media Kit
  • Magazine Archive

Newsletter

The latest from the Tunneling Journal direct to your inbox.

Social



Enquiries

TGS Media Ltd
The Old Library
Webster House
Dudley Road
Tunbridge Wells
TN1 1LE
United Kingdom

© Tunnelling Journal. All Rights Reserved. Privacy Policy / Terms & Conditions. Admin

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkRead more