Concessio Canonical ID
GB30P0000338
Registry Preview
Overview
Capital value
£146m
HMT 2025
Expiry
2040
14 years remaining
Deep Scan
Investment ThesisLocked
Essex Waste - Tovi Facility is an operational Private Finance Initiative waste management concession in the United Kingdom, with 14 years remaining to the 2040 contract end — grantor Essex County Council, operated by Ubb Waste (Essex) Limited.
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Public Registry Fields
General Information
Display format
GB-30-P-000033-8
Country
United Kingdom (GB)
Sector
Waste Management (30)
Family
Environmental
Structure
PFI/PF2 (P) · Private Finance Initiative
Grantor
Essex County Council
Operator
Ubb Waste (Essex) Limited
Operations start
23 Nov 2015
Contract end
15 Jun 2040
Capital value
£146m (HMT 2025)
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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.
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Sector-Benchmarked
Operating KPIsLocked
| Metric | Latest | Period | Sector percentile | Coverage |
|---|---|---|---|---|
| Concession period (years) | 24.6 | — | 65th |
registry |
| Capital value | £146m | 2025 | 75th |
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.
Counterparties
Parties & ContactsPartial
Grantor
Essex County Council
Department for Environment, Food and Rural Affairs (DEFRA) · United Kingdom
Operator / SPV
Ubb Waste (Essex) Limited
Company No. 07984024
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 Essex County Council.
Who operates Essex Waste - Tovi Facility?
The operator on record is Ubb Waste (Essex) Limited.
When does the concession expire?
The contract end on file is 15 Jun 2040 — 14 years remaining.
What is the capital value?
£146m per the HM Treasury 2025 return.
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.