Release date: 8 July 2008
Promoter – Financial Intermediary
Compania de Apa Somes S.A.Regional operating company for water and wastewater services in Cluj and Salaj counties.
Location
Description
Co-financing of the investment project for expansion and rehabilitation of the water and waste water networks, construction and refurbishment of pumping stations and treatment facilities for water and wastewater. The project is part of the Priority Axis 1 of the Romanian Sector Operational Programme for Environment (SOP ENV), supported by Cohesion Funds, with end of implementation expected by 2013.
Objectives
The project aims toimprove public health and environment protection in the region comprising the counties Cluj and Salaj in Romania, by upgrading the essential water and wastewater infrastructure. The investments affect a population of around 520.000 inhabitants.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 26 million.
Total cost (Approximate amount)
EUR 196.9 million.
Environmental aspects
The project has an overall positive environmental impact. As a project benefiting of EU cohesion funding, evidence will be sought providing that environmental, nature conservation and other analogous requirements are properly addressed, specifically compliance with regard to EIA procedures (EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC).
Procurement
The promoter is a publicly owned entity providing a public utility service and is subject to EU public procurement regulations (Directive 2004/17/CEE for utilities) as mirrored in the national public procurement regulations. The Bank will require the promoter to ensure that the contracts under the project shall be tendered in accordance with these regulations.
Status
Signed - 22/07/2009
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).