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Wakefield Waste PFI

£122m financing

16th January 2013

DWPF acted as financial adviser to Shanks Group on the Wakefield Council Residual Waste PFI transaction.

 

The project required total financing of £122m, and will provide a facility capable of processing 230,000 tonnes of residual waste using a combination of treatment technologies.

 

Senior debt was provided by Barclays, BayernLB, Sumitomo Mitsui Banking Corporation (SMBC) and the UK Green Investment Bank (UK GIB).

 

The transaction marks the first major investment made by the UK’s Green Investment Bank.