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    Reference: 20140618
    Release date: 10 February 2015

    Promoter – Financial Intermediary

    HELSINGIN SEUDUN YMPÄRISTÖPALVELUT - KUNTAYHTYMÄ

    Location

    Description

    Construction of a new wastewater treatment plant in Espoo, Finland.

    Objectives

    Replacement of the Suomenoja wastewater treatment plant with a new one to be located in Blominmäki, Espoo.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    EUR 400 million

    Environmental aspects

    The project concerns investments to construct the Blominmäki wastewater treatment plant in the Helsinki region. An environmental impact assessment (EIA) was completed in 2008 and the non-technical summary will be published on the Bank’s website. The promoter will have to submit the certificates (Form A and B or equivalent) issued by the competent authority on the potential effects on nature conservation sites (Birds and Habitats Directives).

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (2004/17/EC and 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Signed - 17/06/2015

    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).

    Related tags

    Finland Water, sewerage