Release date: 2 July 2014
Promoter – Financial Intermediary
EVIDES NVLocation
Description
Support for Evides’ capital investment programme 2014-2018 aimed at maintaining the quality and functionality of its water and distribution pipelines, basins and production installations among others.
Objectives
The project will secure or enhance the quality of life for 2.5 million residents of the Provinces Zeeland, the southern part of Zuid-Holland and the western part of Noord-Brabant by improving the quality and reliability of drinking water supply and by improving resource efficiency. The project allows for continued compliance with the Water Framework Directive (2000/60/EC) and the Drinking Water Directive (98/83/EC) and national norms. Improvements in the security of supply will also increase resilience to the potential effects of climate change. The project is therefore eligible for EIB finance under Article 309 point (c) common interest.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 175 million
Total cost (Approximate amount)
EUR 442 million
Environmental aspects
The investment programme is geared toward securing a sustainable management of water supply and distribution, bringing about positive social and environmental impacts. The upgrade of pumping stations and other network and process optimisation measures are examples of components with environmental/resource efficiency impacts. Compliance with the EU and national environmental legislation will be verified during appraisal.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation - Dir.2004/17/EC and dir.2007/66/EC (amending Directives 1989/665/EEC and 1992/13/EEC), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 12/12/2014
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).