Concessio Canonical ID
GB30P0000288
Registry Preview
Overview
Capital value
£177m
HMT 2025
Expiry
2039
13 years remaining
Unitary charge
£28.89m
FY 2026-27
Deep Scan
Investment ThesisLocked
South Tyne & Wear Waste Management Partnership is an operational Private Finance Initiative waste management concession in the United Kingdom, with 13 years remaining to the 2039 contract end — grantor Metropolitan Borough of Gateshead, operated by South Tyne & Wear Energy Recovery LTD, a 3-holder equity registry on file (HMT 2025).
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Public Registry Fields
General Information
Display format
GB-30-P-000028-8
Country
United Kingdom (GB)
Sector
Waste Management (30)
Family
Environmental
Structure
PFI/PF2 (P) · Private Finance Initiative
Grantor
Metropolitan Borough of Gateshead
Operator
South Tyne & Wear Energy Recovery LTD
Financial close
20 Apr 2011
Operations start
22 Apr 2014
Contract end
21 Apr 2039
Capital value
£177m (HMT 2025)
Unitary charge (2026-27)
£28.89m
Equity holders (2025)SUEZ — 45% · civis pfi ppp infrastructure cihl holdings — 35% · itochu corporation — 20%
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Contract Economics
Financial Terms & ClausesLocked
| Term | Value | Price base | Period | As of |
|---|---|---|---|---|
| Unitary charge (annual) | £28.89m | Nominal · outturn | FY 2026-27 | HMT 2025 · verified |
| Indexation basis | ||||
| Availability deductions | ||||
| Performance deductions | ||||
| Market testing / benchmarking | ||||
| Termination compensation | ||||
| Change in law | ||||
| Handback provisions |
Contract clause library18 clauses on file
Environmental▪▪▪▪▪ extract + source cite
Tariff▪▪▪▪▪ extract + source cite
Insurance▪▪▪▪▪ extract + source cite
Rebalancing▪▪▪▪▪ extract + source cite
Extension▪▪▪▪▪ extract + source cite
Force Majeure▪▪▪▪▪ extract + source cite
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.
18 contract clause extracts with source citations are available in the platform.Request access →
Sector-Benchmarked
Operating KPIsLocked
| Metric | Latest | Period | Sector percentile | Coverage |
|---|---|---|---|---|
| Concession period (years) | 25 | — | 65th |
registry |
| Capital value | £177m | 2025 | 85th |
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.
6 KPI datapoints on file for this concession (2023–2024) — full annual series and sources in the platform.Request access →
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.
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Counterparties
Parties & ContactsPartial
Grantor
Metropolitan Borough of Gateshead
Department for Environment, Food and Rural Affairs (DEFRA) · United Kingdom
Operator / SPV
South Tyne & Wear Energy Recovery LTD
Company No. 07417700
In the full profile
Management service co.
Hard FM provider
Senior lenders
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.
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Public Record
FAQs
Who is the grantor of this concession?
The grantor on file is Metropolitan Borough of Gateshead.
Who operates South Tyne & Wear Waste Management Partnership?
The operator on record is South Tyne & Wear Energy Recovery LTD.
When does the concession expire?
The contract end on file is 21 Apr 2039 — 13 years remaining.
What is the unitary charge?
The unitary charge for FY 2026-27 is £28.89m per the HM Treasury 2025 return. The full indexed schedule is available in the platform.
What is the capital value?
£177m per the HM Treasury 2025 return.
Who holds the equity?
Per the HMT 2025 return: SUEZ (45%), civis pfi ppp infrastructure cihl holdings (35%), itochu corporation (20%). Transaction history is available in the platform.
Transparency
Data & Sources
How this entry is verified
Reconciled against HM Treasury PFI/PF2 2025 summary data. View the gov.uk publication →
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.