Release date: 5 February 2015
Promoter – Financial Intermediary
VITENS NVLocation
Description
The project concerns the 2015-2019 investment programme into the production and distribution facilities of Vitens, the largest water supply company in the Netherlands. The programme consists mainly of the renewal and upgrading of water treatment plants, reservoirs and pumping stations, distribution networks, water meters, and operational support infrastructure such as SCADA systems, security and offices.
Objectives
The project will secure or enhance the quality of life to up to 5.5 million residents in the provinces of Flevoland, Friesland, Gelderland, Utrecht and Overijssel by improving the quality and reliability of the 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.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 600 million
Environmental aspects
The investment programme is geared toward securing a sustainable management of water supply and distribution, bringing about a positive social and environmental impact. The upgrade of pumping stations and other network and process optimisation measures are examples of components with environmental/resource efficiency impacts. Compliance with 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 (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 16/09/2015
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).