By: greenbank On: February 01, 2013 In: Comments: 0

GIB provided GB£47 million senior debt and equity bridge facilities along with three commercial lenders to UBB Waste (Gloucestershire) Ltd in support of its 25 year PPP contract with Gloucestershire County Council for the construction of a key waste treatment facility. GIB was invited to join the banking club in mid-2012. GIB invested a further GB£15.4 million in the plant, mobilizing a total of GB£30.6 million additional financing. By providing the additional long-term funding needed to achieve Financial Close, GIB successfully mobilized private sector capital of GB£138 million.

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