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Private Finance Initiative

Volume 501: debated on Thursday 26 November 2009

To ask the Chancellor of the Exchequer which projects funded under the private finance initiative have received loans from the (a) European Investment Bank and (b) Infrastructure Finance Unit; what the amount of such loans was; and in how many cases such a loan represented the single largest contribution to the cost of a project. (301612)

The Treasury's Infrastructure Finance Unit has lent £120 million to the Greater Manchester Waste PFI; the largest contribution for this project came from the European Investment Bank who lent £182 million. Details of the Bank's other lending are available from its website