Concessio Canonical ID
GB30P0000197
Registry Preview
Overview
Expiry
2026
Contract ended
Deep Scan
Investment ThesisLocked
Daldowie is an operational Private Finance Initiative waste management concession in the United Kingdom — grantor Scottish Water, operated by Smw Limited.
The full deep-scan thesis, valuation narrative and market dynamics is available in the Concessio platform.Request a free trial →
Public Registry Fields
General Information
Display format
GB-30-P-000019-7
Country
United Kingdom (GB)
Sector
Waste Management (30)
Family
Environmental
Structure
PFI/PF2 (P) · Private Finance Initiative
Grantor
Scottish Water
Operator
Smw Limited
Financial close
06 Dec 1999
Operations start
13 Nov 2002
Contract end
01 Apr 2026
Want full data on 22,000 concessions?
What you see here scratches the surface — clause text, term values, KPI series and comps are in the app.
Contract Economics
Financial Terms & ClausesLocked
| Term | Value | Price base | Period | As of |
|---|---|---|---|---|
| Indexation basis | ||||
| Availability deductions | ||||
| Performance deductions | ||||
| Market testing / benchmarking | ||||
| Termination compensation | ||||
| Change in law | ||||
| Handback provisions |
Locked rows show the standard UK PFI project agreement term set tracked by Concessio; extracted values render as they are verified against primary sources. Full clause text and citations are available in the app.
Term values for this concession unlock in the platform.Request access →
Sector-Benchmarked
Operating KPIsLocked
| Metric | Latest | Period | Sector percentile | Coverage |
|---|---|---|---|---|
| Concession period (years) | 23.4 | — | 65th |
registry |
| Capital value | £66m | 2025 | 35th |
HMT annual · public |
| Availability (%) | ||||
| Deductions (% of UC) | ||||
| Lifecycle spend vs plan (%) |
Percentile bars show this concession's position against Waste Management benchmark cohorts in the registry (largest cohort n=718). Interquartile band shaded. Locked rows show the standard KPI set for this asset class — series and percentile placement unlock in the app.
Equity History
Ownership & TransactionsLocked
| Date | Event | Stake | Consideration | Implied EV | Counterparty |
|---|
This information is available in the Concessio platform. To explore the full transaction history for this concession, request access.
Request a free trial
Counterparties
Parties & ContactsPartial
Grantor
Scottish Water
Scottish Government · United Kingdom
Operator / SPV
Smw Limited
Company No. SC165988
In the full profile
Sponsors / equity holders
Senior lenders
O&M contractor
Financial adviser
Legal adviser
Diligence Signals
Risk & CounterpartyLocked
Diligence signals
1 tracked
regulatory
Grantor election exposure
Disputes & precedent
The full risk register covers counterparty credit, political cycle, regulatory determinations and dispute history for concessions in this class.
Want to dig into this concession?
We'll help you find what you need — from clause text to comps.
Public Record
FAQs
Who is the grantor of this concession?
The grantor on file is Scottish Water.
Who operates Daldowie?
The operator on record is Smw Limited.
When does the concession expire?
The contract end on file is 01 Apr 2026 — contract ended.
Who holds the equity?
Per the HMT 2025 return: Drax Group PLC (100%). Transaction history is available in the platform.
Transparency
Data & Sources
How this entry is verified
Registry identity fields; verification expands by tranche.
How Concessio sources data
Records are extracted from primary public sources — regulatory filings, government disclosures and official registries — and cross-checked before entering the platform. Every published datum carries its source citation in the app.