Release date: 18 June 2014
Promoter – Financial Intermediary
LAND NIEDERSACHSENLocation
Description
Financing of investments in flood and coastal protection measures in the Bundesland Niedersachsen.
Objectives
Active flood and coastal protection works from 2014 to 2018.
Comments
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 249 million
Total cost (Approximate amount)
EUR 498 million
Environmental aspects
Most of the schemes are expected to fall under Annex II of the EIA Directive 85/337/EEC, as amended by Directives 97/11/EEC and 2003/35/EC and will be screened by the Competent Authorities. In addition the project has the potential to impact Natura 2000 sites and so compliance with the Habitats (92/43/EEC) and Birds Directives (79/409/EEC) would be assessed and where applicable, full EIA’s and signed declarations would be required in keeping with the legislation.
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 2004/18/EC 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 - 14/04/2015
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).